hcy : hearse required

Whilst the majority of junior miners and exploration outfits track Nth in directional alliance with the price of gold Hcy has been doing the contrary and tracking Sth at a rapid rate . As I watch my small investment dissapear into the abyss I have studied the recent announcements in an objective manner to try and find out just what is going on .
Whilst the majority of people are asleep on the issue and have there head deeply imbedded within the sand I think Andrew R is genuine in his approach albeit they havent had alot of luck .

From my understanding MRE have scheduled a finance meeting for early feb re: the remaining 1.5M allocation for Ni expenditure and in addition to this it has been rumoured they are providing additional funding to continue Ni drilling throughout the course of the year although the results will obviously dictate the agressive nature of funding . As we are aware this is a 70/30 arrangement which would stack up very well for Hcy and leave them in an astute financial position if any significant finds were registered . One only has to crunch the Nos and if the fairytale does come true a 30% stake in a 250M Ni deposit should have the Co rerated and back on the institutional radar screens relatively quickly although this is a work in progress and with MRE probaly providing additional funding to carry out exploration for a year the chances of finding something are proportinately higher .
The chance of finding something presents us with an interesting angle as any resultant gold discoveries through the course of drilling for Ni are 100% owned by Hcy - How do you think Ajax and Marmont were discovered .

The primary objective at present is to secure the leach projects which when operational will afford Hcy the prospect of being self funded - hence the majority of the earnings generated through the leach programme will be directly channeled into further exploration on the gold front thus relieving the need to form a joint alliance with a gold partner and sharing in the reserve .
Andrew is sure a Gold JV will not be required and one doesnt need a calculator to realise the immediate benefits of such an arrangement or lack thereof ?

The leach operations on Lavan are estimated to produce
100 - 200,ooo tonnes at 1-2g/t with higher grade intercepts between . How much will they be able to extract from this one ( low strip ratio project )
What are the extraction costs and when will the theoretical model be ready for implementation as it has to studied on several angles deemed to be economically viable - The ann suggests in the ( near future ? )

I think they are looking at several areas that are right for low cost strip ratio leaching which havent been detailed yet but crunching the Nos on Lavan :

100,000 tonnes at 2g/t 561.00 / 28 = 20.00g
100,000 tonnes at 2g/t = 4MUS

200,000 tonnes at 2g/t = 8MUS

Analogous to watching the grass grow ..