"With $54 million in the bank they can spend a little in this area and I'm glad they have chosen too."

The decision to spend money on drilling outside Velardena does seem to indicate they know they have turned around the company (I may hope). I still wonder why they had to punish existing shareholders so hard with this recent placement. Probably they had to help out some old friends. Any way, it looks like all remaining hurdles have been taken and the company will now soon be included in the category of fast-growing, cashflow positive PM miners.

They (management) will still base those decisions on $25 silver, conservative as they are. We know that the bottom is in on $26 and we will go back towards $50 and higher. What a roller coaster it has been.