Remember that BSG has a number of excellent Mexican targets. Palmarejo was only drilled first because it was easiest to access....
Palmarejo was NOT the highest ranked target based purely on exploration potential...it was only one of a number of very promising targets.
Decisions, decision.....keep drilling Palmarejo shallows to try and find the boundaries? target some of the other promising areas? or go for the big one.....Palmarejo deeps (below 300 metres after the really rich stuff).
I know which one I'd choose (palmarejo deeps) to get to that 10 million ounces in a hurry. Costs a bit more for the deep drilling.....but better to get the deeps factored into the share price before the bloated gold monsters come knocking....
...no takeovers today thank you!
Cheers
Rosco
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