Ann: Milestone First Gold Pour - Penny's Find, page-155

60% share of pennys find....... that has always been that so its always been priced in. $50 million plus of gold in the ground and lots of other potential upside as NoBoDe indicated. About to see a whole lot more gold processed as we get into the richer zones. Debt will soon be gone. The new underground drill results are good which i was waiting for to derisk the mine.
What gets me is the moaning about ERL not doing this or that. ERL has a viable mine and people need to understand that it takes time to get it out of the ground. All this complaining on HC is just shooting yourself in the foot regarding share price. New investors would think twice after reading some of the gripes on here so go elsewhere right on the cusp of ever improving gold production. Compare ERL to some other goldies producing only 1-2 grams per ton. We have much better grades and underground is looking very positive. This will rerate when its ready and imo will be shortly as gold production increases over the next month or so.