Here is a copy of the email for everyone to see:
I am not a mining person, but here is my understanding of why there is a difference in tonnage between the 43-101 resource statement and the tonnage contemplated in the PEA.
If you need further clarification, please call.
While it is expected that a potential operation may use the entire resource eventually, the market analysis indicated that the initial scope of the project should be ~30,000 tonnes of finished product per year, and the PEA was designed around this level of operation. After more than 20 years of mine life, however, adding more years has very little effect on discounted cash flow measures (NPV, IRR), so the PEA was stopped there for the purposes of determining if the project had sufficient economic merit to proceed to a pre-feasibility level of assessment.
As for the share price and the stock market, I can not predict or determine what the stock will perform from a day to day basis. We are very loyal and understanding to all shareholders and we have a great project and we are very positive here at Zenyatta.
Thank you again for your continued support.
There was a miscommunication between me and Sandra yesterday and I accept full responsibility for it.
Glorieux