Red beard,
I have no idea what you are talking about. It is integral that juniors get their scoping study and metallurgical studies completed upon any major discovery. These two factors in itself will indicate to the firm the possibilities of future exploration and where it should be directed to. They are only unable to do their feasibility studies and bankable studies as they would need to have measured and indicated resources.
To label a junior with an average head grade of 256g/t, which is the highest average on the ASX, a problem project is crazy. It's all about the tonnage and consistency at the moment. They have already been I filling and twinning their holes to provide more confidence to their project pit numbers.
There are numerous poly metallic deposits that are extremely lucrative. The high silver head grade is giving the firm a lot of leverage. Recoveries are good...they just need to get to their targeted range of 35 to 58 million ounces. This is a process...and patience is needed.
The next year should be an interesting one for precious metal companies.
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