They've sold shares to raise the cash to start the mining, milling, and exploration/infill drilling much faster. I think the faster they can link the two deposits underground, and do more exploration drilling the better. I speculate there is 4+ mil oz Au right in the immediate 2 zones, and veins right near there.
The $80 mil market cap says market is vauling them at ~ 20 dollars per oz in ground... and all the facilities are already built for a mine that is currently producing and have would have great margins even at 1000 dollar gold...
"Price is what you pay, value is what you get." -W. Buffett
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