We can agree the potential for a significant increase in gold equivalent ounce resource not only exists but is quite likely, provided the company has the resources to resume the already laid out comprehensive drill program.
I have my personal wish list for this company:
#1 - That the company provide a clear and concise short and long-term outlook coupled with guidance for costs to achieve
#2 - That the company expend whatever resources are necessary to develop and conduct a complete drill program for each target area
#3 - That based upon the actual core and RC drill results and geologic modeling expend whatever resources are necessary to complete at minimum an EA to determine whether the cost to develop each target will generate a ROI
#4 - To determine and publish the results with complete costs, with sound judgement for those costs. This would include determining what the PM pricing would have to be to make each project economical. Low grade ore can be economical at high gold/silver prices but will kill a company when prices are low (see Allied Nevada and Midway Gold if you don't believe me).
#5 - That the company makes all projections based on a highly conservative basis (much like accountants use lower of cost or market and NEVER higher than cost) so that it places itself in a position to under-promise and over-deliver versus the other way around. I am NOT talking about fudging expectations or in any way mis-leading, but rather building in a buffer so that the market does not react negatively to the company missing an objective by a short time period.
#6 - That should the company find itself unable to meet a stated objective or timeline, notify the market immediately as to the cause/effect, rather than waiting for the next qtr/annual report. There are things that the company cannot control causing resources to be deployed in areas that it either never planned or planned for a later date. An example of this is the road construction project. It was always planned; however, the storm and resultant damage required resources to be expended at a time when it was not most advantageous.
If you have been a holder since 2008 then you are perfectly aware of the hype that drove the pps up and the collapse that followed. The company should rise or fall on its own merit - not on speculation and promotion, or conversely, on speculation and defamation, of what may or may not happen.
