If Perquitas starts to spin cash and the Proven & Probable continue to increase at Brucejack/Snowfield then the face of SSO will change dramatically. It is difficult for the company to include the Brucejack Bonanza intercepts into reserves (note that in the reserve calculations all assays in excess of 1 opt are cut to 1 opt ) which basically ignores the high grade veins. If SSO actually started to do some development (Mining) on the high grade and were able to demonstrate that there are mineable widths of the highgrade then the bonanza values could be included, and the revenues from the highgrading could conceivably allow the company to generate the necessary cash without incurring a pile of dilution to develop the large tonnage- low grade monster that is Snowfield/ Brucejack.

A few weeks ago Renevant indicated that SSO will become a gold company-I don't disagree - but the addition of the golden triangle reserves plus the massive silver position makes this a company that I will continue to follow.