Since you requested opinions, here is mine:

1) Yes, there is a downside to a 0.25 gpt cutoff. It might be feasible at this point, but it smacks of desperation. If the POG should move significantly downward, the number would have to be "adjusted backward". Leaving it at 0.50 gpt leaves lots of safety margin, and if the drills "perform as expected", this will not be any kind of major consideration. Any prospective "partner/owner" of PEM will certainly understand the implications of having larger areas of lower ore grades (but still "off the books")

2) Not being an insider, I would not know. :)

3) I have no firm opinion on that one. As an investor, I would like to hear as much as I can about new developments, but I would rather leave the priorities to those whose job it is.

My thoughts on "gold camp"...

I got the very distinct impression from all the material that I have read that Del really believes that the entire OSZ is rife with mineable deposits and while the grade is not spectacular, the eventual total number of ounces most certainly is.

He appears to have spent considerable time and effort - based on that idea - to consolidate and control most of the OSZ. He appears to be moving forward with items that take advantage of "economy of scale" and such with a view to mining the entire OSZ in the future.

In short, his actions are consistent (in my mind) with this belief, and he is doing all he can to set his company up for future (and present) success based on this premise.