re: Ann: High Grade Silver Confirms Depth Pot... the key problem aside from the overburden is the very poor recoveries of silver. The reported range of recover from preliminary testing of diamond drill core is 20-36%. Until this improves we have no choice when valuing the project but take a conservative estimate and multiply whatever grades they are reporting by 0.2.
I suggest the best course available to investors at this point in time is to link hands and pray.
re: Ann: High Grade Silver Confirms Depth Pot... the key problem...
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