Coddles, my understanding of it is,
1 Back when Macmin did initial jorc for texas it was 51mil oz
2 Silver price was 1/3 the price it is today
3 Cut off grades would be higher/lower due to the economics in mining
4 With price where it is today the cutoff grade would be higher/lower due to the fact that it is still economical to mine lower grade orr
5 Great drill results to date plus the above( and management seem to have a better understanding of where the resources are) one would have to assume that 100mil oz is achievable.
Just my understanding of info that I have read.
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Coddles, my understanding of it is,1 Back when Macmin did...
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