Quinton Hennigh has given up on his original thesis. John Kaiser gives a good explanation here from 12 minute 30 seconds. https://secure.kaiserresearch.com/s4/KaiserBlog.asp?ReportID=866140
Tier1 10moz? The biggest gold company in the world defines a Tier1 asset as https://www.reuters.com/article/us-barrick-gold-outlook/barrick-gold-sees-potential-to-expand-tier-1-assets-thornton-idUSKCN1MZ20X
Can Hemi be 5moz? Easily! What's needed? 50mt @3g/t Au.
How to get to 50Mt? Remember Hemi is currently made up of two zones so this is an aggregate sum: 1.25km long x 60m wide x 250m deep x 2.6SG = ~50Mt.
So there you have a scenario. Make of it what you will. I think it is believable.
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