The bid of 1 million shares at 2.8c is a strange one, in my opinion it has been put there to drive the price down back towards the low point last October.
However managements track record has not been good on other projects, but that is typically of so many junior mining companies that set up to take advantage of the mining boom, mark 1 and times have changed.
The silver grade does seem to be exceptional and I have no reason to doubt that, how much is there is hard to ascertain and the weather is also quite hostile which has slowed progress as well as the difficulty of junior miners getting funding in this market.
Lets hope we hear something soon.
Ann: Response to ASX Appendix 5B Query, page-15
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