RE:RE:Serita Este
I don't see that being the case at all. They spent 2.5M drilling 4900 meters on 51 holes and my take is what they have seen so far is impressive enough to continue proving out the resource. A friend of mine in the industry did an estimate on the third drilling results and using an average of 3GPT he came up with 160K oz. And that was done after the video so I think it supports Warrens feeling they might have something special going on here. Moving ahead with the JV now brings on the question of what CCD has to do about financing going forward. I'm goign to try and find out what the current thinking is there next week. Hopefullly I will be able to get in touch and will post anything I can find out. Obviously as we all know there are no guarantees but with mineralization all over in that region I don't think we should be too surprised about the results so far, even though it is CCD. So I will take my hat off to Bill for finding that property and current management as well for getting the company back on track, securing the agreement with Golden Minerals and moving forward again in a positive way. As frustrating as the past has been I'm still some what positive about things going forward. Time will tell for all of us who are still in it.