Ann: Cerro Bayo Silver-Gold Project - Investor Presentation, page-36

I think your previous Mgmt made the fatal mistake in running the processing plant with stockpiled ore only, blowing all your cash on production, using crap low grade stockpiles in just the hope of making a profit..

MMC strategy is completely different ..

they plan to keep the plant closed & use all funds on getting the resource upgraded massively to 100 million ounces & only turn the processing plant back on after silver prices catch up to gold..

you guys were pretty close to making a profit using low grade stockpiles with a crap $23 silver price too..

so can you imagine how profitable it will be when silver price just gets back above $25 and they actually process fresh high grade +200 got ore.

this ugly duckling will suddenly turn into the golden goose if silver price gets anywhere near $30