What would you consider VD good news then? PEA is a major step in the development of any mining project and this step is quite a bit more complex than just "spit polish" as you so eloquently put it. PEA would move VD to the next level and add a certain level of credibility to the project. Once completed, then actual buying/selling discussions could take place based on the PEA numbers.
I would have rather drilled more holes. We are going to try to value VD mostly on historical drilling.
As for putting the value on the PEA numbers....I see what happened to Schaft Creek's numbers.
All thou, this is 1 more step forward to getting VD done.
Don't get me wrong, Hey ...im all for getting rid of VD to wait for Teck.
I just think from the time that we purchased VD till now....well I guess things take time