Ians, you are right. Nobody want to buy you out just based on inferred resource (people are doing that, i.e. "MK" did it to MON, the 2.2g/t inferred resource becomes 1.1g/t in reality, or gold could walk away).
They need to be upgraded to measured and indicated resources, of course, by drilling. Hopefully, with a bit higher grade, showing some gold and silver, and with much larger tonnage.
Well, it might. If not from the main deposit, there is a great opportunity to get it from satellite deposits.
PMH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held