Friday, January 14, 2011 2:53:06 PM
From what I know or surmise, they are separate. They involve different processes. They can be independent operations, but the time spent on one takes away from the other. The basic silver operation may be involved in making the 5 oz. ingots for sale on their web site. Phase I would be making the BIG Ingots.
If Stage 1 is truly independent of fert production then why not suggest to Whit to spell it out in plain English?
I am not an insider. John has been bitten several times in his attempt to get the funding and to make the share price go up. He may have just decided to let nature take its own course. I would not do that, but I am not John. The PR was not a blockbuster, but it "did say" that the Company was now in a position to be cash positive, or at least not to be desperate for cash to continue operations. No dilution speaks volumes.
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