I think most longs would agree with you however until LSG pours that first brick they will be considered a junior explorer and not a producer.
The MD&A explained a lot of missing drill results. Blakelock had no significant returns nor did Price, North Price and DeSantis which were written off. Is this not a material change that warrants a news release? Blakelock, Casa Berardi, Canopener, Vogel, Schumacher, Bell Creek, and Thunder will all be drilled this year. AE drilling at TW late in Q4, once the shaft is sunk and the bulk sample taken. Interestingly, the tailings pond capacity exceeds needs for TW so they must be expecting to process from other properties (Bell Creek complex?) or other company's ore.
here is an interesting article from Kitco about juniors.
http://www.kitco.com/ind/Wright/mar282008.html
v.