Stock price when the opinion was issued
Very smart guys. What he has seen is what they have defined in the Resource and done in their PEA. It is a number of laddered veins that pinch within a structure. They don’t hold together that well, and the kind of angle created is very difficult to mine. He thinks the PEA and Resource has to be completely redone. They are starting to find some higher grade structures that seem to be feeding into these low angled structures. If they can start drilling the structures and show that these veins are in fact really feeding it, which changes everything. He is watching it.
The issue is that there seems to be a lot of veins that are open, but not connected so it will be difficult and expensive to mine. He does not think it will make a good deposit, although he realizes he could be wrong.