Yes please clarify what you're talking about exactly? I'm not sure what you mean by low grades?
Osisko consistently had 1-2g/t for 100-250m intercepts (not even close to the consistent 200-500m like TRR) and they are worth 20x more that TRR right now ($5 billion market cap and $13.50/share)
So I'm betting it's just a short matter of time before TRR starts to climb and it will climb fast.
The TRR internal resource analysts were estimating 2.5 million ounces at Chester 1 several months ago so I'd say they have the goods.
Also considering they have done nothing but add a boatload of additional ounces to that I have to assume the 43-101 in Feb next month will be stellar.
Once that comes out it should wake a few people up and be a serious game changer IMO.
Guess we'll just have to see if it's feasible or not but in the 80s Cote Lake was feasible to mine with gold at $300/oz so you be the judge.
Just my two cents.
P.S - For those of you that haven't checked the TRR home page I highly suggest you watch the video on the main page of their site. That will give you a good idea of what TRR is about and the MASSIVE opportunity we all have right now.
http://trelawneymining.com/
GLTA.
Gamblor.