Thank you for taking the time to post that Firdy. Sums the current situation up well.
So, to boil it down even further, we're left with the following questions:
1. How much free gold are they recovering before the concentrate stage?
2. What percentage of the ore in the concentrate can they actually recover (including who does it, and how much does it cost)?
3. Have they developed a process/plant that than recover ore from tailings that was previously not possible?
Judging by the announcement style, and pace of development to date, we're probably not going get a bombshell in the next couple of weeks. They've progressed very slowly and carefully, and it's been frustrating to date, but it's an exciting prospect.
I'm kicking myself for not buying more over the last couple of days, but I think there may be plenty of time to increase my position at sub 20 until the end of the month.
GBM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
