Ann: Scoping Study confirms viability of Phillips, page-14

re: Ann: Scoping Study confirms viability of ...
His concern is the relatively low contained polymetalic grades and the possibility of metal prices retracting.
I think we all agree that metal prices were driven up by stockpiling rather than fundamental demand, and that a retraction is possible, though hopefully not to March lows or (shudder!) beyond.
My own feeling is that GEM might be our saviour.......if that turns out to be a substantial resource, its development may carry the whole project and TTR through times of low metal prices.
Without something like that, dont you think a return to March lows would have an effect on the viability of Trillogy?
I am personaly hoping the current exploration program will add substantial value to our in-ground assets and alleviate all uncertainty.

GZ