It's going to be very interesting this next lot of assays, in my mind it is essentially Cathedral VS RPM South. The victor could very well determine where the processing facility is located. I think it would be hard to move it south to RPM with the bulk of the material coming out of Korbel, so anything above 0.5-0.6g/t coming out of Cathedral would see it remain where it is IMO. If Cathedral comes in at the same grades as the rest of Korbel then management have a bit more thinking to do...
If this does eventually develop into a working mine, I think management will have earned these "cheap" options, although I hope they will be a bit more conservative in the future splashing them around.
Ann: Results of Meeting, page-24
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