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Ann: Strong Grades Increase Rastrillo Potential - Riqueza, page-29

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  1. 423 Posts.
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    I’m aware of the difference in the projects and there locations. It’s pretty obvious that money is short so I’d image they’ll have to raise again and I presume they’ll wait for some bounce in the SP from the S32 surveying before they try this ... hence a lot is riding on the S32 deal , otherwise money is too low to complete a substantial drill campaign on Cerro Reyas, all IMO .

    In regards to what they’ve accomplished over the last three years since I bought in ... well not a lot , but they have exposed a lot more potential in a very large and complex resource. So with that in mind , maybe we’re where we need to be atm and a positive result from the S32 surveying will be the game changer and a catalyst to a successful drill program at Cerro Reyas.

    One thing is clear ... they can burn through cash as if it was somebody else’s
 
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