Shorrocks makes multiple comments about how much gold they'll be finding at PC saying they've already found 1.7M oz. on their way to 2M oz. PLUS., so it's highly likely they're going to find 3M oz. PLUS minimum, especially considering how much they still have left to explore. Just like Goldlund, just like Cameron. All properties with great potential, just underexplored. Keith/FM bought Jerritt Canyon recently and it has the same potential resource growth as our FMG properties, why's he not moving on our properties first?
The Carey area isn't even on any of the resource numbers yet, so what's that going to add? How many more Carey type areas are yet to be found on this property? IMO the chances are good they'll find more.
Shorrocks is a smart businessman and is connected in Australia, so as these resource numbers pile up he's going to get the funding to build this mine out. IMO what they're going to ultimately find at PC could rival the ounces at Springpole. Time will tell on that, but I still think FMG didn't know what they had at this resource.
It would probably be in our best interest to just hold our remaining 20% of PC. Even our Management can see now the real potential of what's there, so why give it away to Auteco? God knows we're giving them 80% of it already.
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