Rick,

Re point 1)

Yes it is probably a fact. based upon some drilling or an interpretation done many years ago.

But then other factors come into play, such as location. logistics, grade, capex to build a mine in a remote spot etc.etc. 190K ounces is not a lot, so the cost of the mine would be paramount in making a decision.

And what % recovery would there be? An 80% recovery removes 38,000 ounces leaving 152,000 ounces, a very small deposit, and probably not economical, which is probably why nobody has tried to do anything more with it.

Point 2)

I disagree, that's the whole point in having a commissioned report written, they rely on the disclaimers!

The report focuses on the pluses and ignores all the minuses, to make it look like investment will lead to a life chaging investment, that's what SLI are paying the fee for.

"The use of such reports is usually to intice investors into stocks to raise the stock price"

Exactly!

If a company I held shares in used any of the companies SLI used to write them, up I would sell all my shares immediately!

These clowns will write anything to gain a fee.