Well it's starting to walk like a large scale porphry deposit....

http://www.marketwatch.com/story/alder-reports-209-copper-019-gt-gold-and-146-gt-silver-over-29-metres-and-198-copper-014-gt-gold-and-144-gt-silver-over-29-metres-in-bench-sampling-at-bambana-prospect-nicaragua-2012-06-13-91731429

FWIW, I'm still feeling good about this stock in light of the beating the market has taken. When things turn around, I think Alder will have put together all of the right pieces of the puzzle to realize some substantial gains.