Great update. Now if we could just those shorts to cover - we could see some real upside.
I liked the following para - especially if you think $40+ silver.
"We believe that with the current mineral resources alone, the Velardena, Chicago and San Diego properties (collectively the "Velardena District") could support a series of mines that together would generate at least 5000 tonnes per day or greater. At this rate, the Velardena District would potentially produce over 5 million ounces of silver, 120,000 ounces of gold and 27 million pounds each of lead and zinc, or about 12 million silver equivalent ounces based on current commodity prices. Note that, until a prefeasibility study is completed, there are no assurances that these operational estimates are accurate or will be economically viable."