RE: Production and Recovery rate"The market is drawing a parallel to the diamond industry where very large bulk samples of say 30,000 tons are required for valuation before the market will assign a good value. This is particularly true for emeralds where most remain skeptical. A very large bulk sample is not forecast to occur until the 2005 field season when a small mining operation is planned to remove the top of Regal Ridge." - 4fun quote.
I guess its all a matter of priorities. It appears that TGX is running around, buying up properties, scratching the ground here and there for samples when, imho, they should be focussed entirely on a proper bulk sample of their main property, and establishing a true valuation for these gem quality and near gem quality(whatever that means)emeralds. Waiting til the 2005 field season to do what they should have done already, is a guarantee that the share price will remain at this insignificant level for quite a long time. Sorry for the rant, its just frustrating seeing so much frenzied activity by the company, and lots of soft news releases which have managed to avoid the most important issue all along. This can be such a very exciting play if the value of the stones we are cutting and polishing shows that we have something economic here. Guess we will have to wait some more!!!