"I like that they are focusing on the core properties. this will allow them to keep a stake in San Diego without having to commit any time or resources for a while."

I agree that it is paramount to concentrate on core properties and i also agree to a certain extent on GWR's analysis that San Diego is less attractive at today's silver price. When I heard Clevenger explain in his recent presentation how difficult it is to get from Velardena/Chicago to San Diego, even though it is only 3 km in a straight line, I understood that for him this property does not belong to the core properties.

On the other hand, knowing that the price of silver and gold will rise substantially over the years to come and knowing that at San Diego there are huge and ever expanding reserves, including high grade areas, I would find it very hard to see them sell that property prematurely at a bargain price. The same refers to others of the 85 properties, because these will become very scarce in let's say 10 years. However, while those properties still require many years and millions of exploration, San Diego already has more than 200 mln silver Eq ounces in the ground and i would not be surprised to see that total grow seriously in the upcoming resource estimate.