Yes the silver is economic but it is not the best returning stream. Previous announcements stated that the change over may not eventuate if further easily accessible gold was found at mt Bobby. If the lode/discovery was big enough to potentially justify its own mill then that may be a path otherwise they were going to keep processing any further gold found through the wonawinta plant.
This isn't to say they won't find more gold at Mt Bobby simply that I assume they haven't found anything yet that means they will deter from changing over to silver as they state.
For the record I'm am a strong buy at these prices, yes this is speculative but Dennis has done everything he said he would do to date and they have an incredible silver tenement with excellent upside.
I personally believe this company is likely to be bought out over the next 2-3 years and I would be disappointed if its at a MC less than 500mil+
Looking forward to end of the quarter.
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