Agree with you coinemas2,The overall grades aren't...

Agree with you coinemas2,

The overall grades aren't spectacular.

The non spectacular grades however applies to a lot of profitable operations around the world and basically mean 2/5ths of not much at all when talking about wether the company can get to the stage of a profitable mining operation and therefore an increased share price.

The cost per ounce for mining which are a combination of grade and operating costs becomes the be all and end all.

In the case of SIH they have a 1.1 Million ounce resource at 2.4g/t and growing with further potential for more increases as they complete their infill drilling and move on to other exploration targets.

They have an estimated operating expenditure of US$440 per oz on production of 60-70,000 oz per annum with the potential to significantly reduce the costs as the feasibility progresses and other options are explored.

On this basic information alone and on some very basic comparison to some other gold specs (soon to be producers), SIH, in my humble opinion, is well placed to bring some wealth to their loyal followers.

Only time will tell if the investment decision was right or wrong.