Agree Walt, infact one might very well argue the case that the current MC should already be sitting in the above range given Miraflores + Tesorito + Chuscal......+++Andes grounds. But a decade of raise/dilute/consolidate/repeat sits at the forefront of investors minds. I had a couple of good chats with KW while he was at the helm, smart guy and knew what he was doing but sadly he never had a chance to turn the company around, too far gone in it's previous form. He did an incredible job putting together the deal with Andes and getting us to this point. There is still a lot of work to be done on that front but one cannot argue the quality and quantity of the ground now held by the company. Everyone (except the insto's) is still well underwater here.....
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