My thoughts are as usual with their NR's:

Vauge, muddy, along with a complete lack of direction.

I really don't think they have any idea of what sucess looks like. If they do, they certainly don't know how to communicate it to the shareholder.

f.  The results of geotechnical, comminution and electrical optimization

    studies are similar to those presented in the feasibility study

    completed in 2012

 What about optimization of the waste rock, forex, capex?  All have significantly changed.

Construction equipment is significantly cheaper,

Labour is more available,

Construction material is cheaper,

Fuel is cheaper,

If my team ever lacked this direction on what needs to be done to complete a project, they would all be fired.

On a positive, the optimization studies will be complete by Jan 1, 2016 with the PEA for VD targeted by Nov. 30.