Post by
Jetstream1281 on Mar 16, 2023 12:01pm
We are dealing with a completely different beast now....
The new cutoff grade of 0.5/0.5 negates the majority of what was included in the last resource, where that was our average grade. As such, a whole new set of metallurgy studies will be required.
Ken has mentioned that this is coming down the pipe...and is a must as part of a PEA. None of us have any clue what the metallurgy of the newly discovered material will be...all we know is that it is significantly different from the old. All we know is that a PEA, when it comes, will prove that the resource IS in fact viable. At that point, you want to already have your shares, or you will be chasing. This is exactly what happened with SEA. and it is what will happen here in due course. A PEA/PFS which demonstrates the viability of a resource is the kicking off point in all of these plays if you look at the history of them. We're not there yet, but it's coming....