Very interesting article when looking at the grade of the deposits, but does it not basically come down to whether the resource is economically feasible at the current gold price. It would have been interesting to see the current cash position of some of the exploration companys with under 10M ounces resource estimate.
My biggest concern with Pem SP is the same as all investors that receive quarterly reports from a company that blow your socks off but the short term outlook is not too rosy, what do you follow a great RC hole that is acceptable for the next report by Ronald Simpson if that is infact the case?
Does weather along with cash make the final decision on any future plans, not the actual results?