The underground resource clearly is not based on "a few holes" as evidenced by the quarterly reports and numerous presentations and representations made by Hillgrove.
Other issues that need to be considered include:
1. Low Aussie dollar makes mining attractive in Australia
2. Low international copper levels
3. Many top tier international miners concentrating their efforts on copper as they see the massive shortfall that will likely hit international markets this year.
I really hope that decision to proceed to underground mining is made ASAP as that is where I see the big money being made.
Small risks for large reward in my opinion.
Going underground??, page-9
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