Chappy,

Your explanation sounds the most probable. As a former engineer and PM I for one cannot believe management was not on top of this and knew full well what was going on. Something radical must have happened and I believe your explanation that the draft mine plan had to be thrown out and reworked for one reason or another makes the most sense. The new timeline suggests that a new plan is being worked obviously to incorporate the new RE with better grades in the Paramount Zone.

The thing that really bothers me is management's willingness to obfusticate these issues rather than being forthright with shareholders. If there was a problem tell it like it is and let shareholders know we need a rework of the entire mine plan. Let shareholders know with regular updates that a rework will take more time but the end result will be much better. Don't string us along that everything is ok and then cook up this lame excuse to cover your ass. Investors respect honesty. ES was telling everyone at PDAC that everything was right on time and that the numbers were going to amaze everyone. Now we know that was a load of bull. Investors expect honesty from management even if that honesty is not going to be liked. We can live with that but don't string us along like we are two year olds.