Folks, regarding the "$2400/Toz to mine": If you are an exploration company (hypothetical)and spend $100MM exploring and have core samples and a 43-101 report that shows 500,000 Toz Probable Reserves and have mined none of it, what is you cost per Toz?

It is INFINITY $/Toz ($100MM/ 0.0 Toz) because you have not taken an ounce out of the ground and put it to market. Nonetheless, you have nearly proven there is $700,000,000 in the ground, and once financed and the full production is up and running, your'll spend about $400-$700/Toz to get it to market and make a killing.

The fact that even the bashers (and Baines) can calculate or "show" $2400/Toz for Silverado over the years only tells me that at least Silverado has taken some gold out of the ground DURING EXPLORATION OPERATIONS to offset some of the exploration costs.

That is a very very GOOD thing and fairly rare for exploration companies.

These people that spin it otherwise are either criminals shorting the stock or simply have no clue of reality.

Give me a break! Wake up, people.