I know we are looking mainly at the Yellowstone Copper deal at the moment, but I could not resist doing a little more research on the Akjilga Silver Project.
As global fiat currencies are turning to 'poo' through meddling government intervention and abuse, the future prospect for Gold and Silver to rise even higher and take its place as 'real' money is very strong.
Couple this with the Chinese government now allowing and encouraging citizens to buy gold and silver, demand is surely going to outstrip supply..... especially silver, that has many medical & industrial applications and no reclaiming / recycling value.
I have posted a chart below ... I hope the figures are clear enough! Pretty amazing stuff! Literally a mountain of silver - 148Million oz
Also an interesting slide show on the road to Akjilga. To see the slide show cut and paste into browser - http://bit.ly/reFpsO
Pretty easy to see why this has remained basically untouched on a commercial level with previous silver prices low and poor mining techniques. Different story now with Silver very much on the up and only higher prices ahead. Couple that with better and more efficient mining / recovery techniques and this resource is a mottza.
ROS Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held