Look at the results from the core material. The low grade ore is just junk siting around on the surface for decades, while the core result is more typical of what we should expect from actually mining. From the core managed they managed to collect 99% of the gold.
While the whole ore sorter study shows the quality of EGA's management, I do think that ore sorting is going to have a massive impact on marginal narrow vein gold resources. I would love to see my perpetual dog DRM do some ore sorting on Andy Wells material to see what it does for the economics of AW. They have at least 500K oz of gold sitting in AW but they can't get it out for a profit using conventional means. I suspect that putting in an ore sorter might change things dramatically.
EGA Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
