Something is not right here. There is no information of the intercepts nor the depth of the resource from surface and there are no cross sections or plans of the open pit anywhere to be found on published documents or on their website except for an oblique drawing of an open pit. I have requested such information from the company and received no reply.
Silver is not a big value commodity. And you only get 2/3rds of the value from a smelter. So you need to have 120 g/t to be equivalent to 1 g/t gold. If the overburden strip ratio is high, this project could be a lot of arm waving. I challenge the company to publish the data. I believe they are not keeping the market totally informed. Beware.
SS1 Price at posting:
59.0¢ Sentiment: None Disclosure: Not Held
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