If LSG/WTM are a potential 8M ozs, then SGR is a potential 25M ozs based on drill grades difference.

To be a qualifying transaction of Merit which means there is potential to find a resource if money is spent, there must be at least $100k spent in the two years previous and a recommendation of at least a further $200k expenditure. This is done in the form of an N43-101 report. Read the requirements of listing by the TSX venture exchange to confirm. The company or geologist who writes the report is not going to ruin his reputation by making recommendations on a worthless property. The mining community is very small and news travels far and fast.