Well said SHROON. The quality of Mangement, to me, qulifies as mining experts. also this is an upstart, which relies on cahsflow generated on potential.
As a reference, I watched the History channel on gold mining last night. A lot of the Alaskan bigger mines, from the late 1800-1950, were profitable.
They had very poor access, inexperienced miners, unreliable equiptment, limited power, poor weather, food, housing... and many outdated proceedures.
There profit was massive and the ore average was 1g of gold per 20 tons of solid rock.
It took enormous risk and capital to get things up and running.
Risk vs reward.
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