Ann: Cerro del Gallo Gold/Silver Heap Leach Study, page-3

re: Ann: Cerro del Gallo Gold/Silver Heap Lea... Market dosnt like it as they can only report on proven and probable resources and they have only used $1020 au price and a ag price of $16.60. This has earnings lower than the scoping study. If you used the indicated and inferred resource as well and used the now price (au approx $1450 and ag approx $40) you get a huge difference in the final earnings figure. It just annoys me that it has taken them this long to come out with a fairly mediocre announcement.I dont really understand it myself, hopefully a geo out there can explain a bit better