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Re: dmbao post# 127324

Monday, 12/17/2012 10:55:00 AM

Monday, December 17, 2012 10:55:00 AM

Post# of 165875
We have not done much exploration on the project. Feasibility is going to be a lot of drilling!

I believe SRSR has only drilled 14 holes. We are going to need Hundreds of holes to get through feasibility.

As the PR states further exploration is need to prove economics of the rocks, ie feasibility.

Unless Scott has done years of research without PR'ing what he has done, we have a lot of work left to do.

Hopefully they close the JV, and the markets views this as enough security to move us into the 0.50's.

IMO
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