Thanks for this post Energy Wave. It looks very cl

Thanks for this post Energy Wave. It looks very clear that Cinco Minas was already developed as an open pit mine and Tumi were going about upgrading it themselves.

I can see news on the Minera San Jorge upgrade being finished coming out soon. As SRGE has become non reporting, I wouldn't be surprised if they hadn't been still open pit mining all this time.

Clearly, even by a conservative estimate, from what Tumi had examined by that time, that there was easily $1bn worth of gold and silver present in the small percentage of the mine they had explored. - at that time. More now with further extensive geological work having carried out by MSJ.

Minera San Jorge carried on this work and so we clearly saw conservative estimates of gold and silver resources present in the billions of $'s. That is why the valuations increased so much from Tumi's conservative estimate, because MSJ did a lot more work with geologists to  examine the unexplored veins with high mineralisation. The whole Gran Cabrera area has 16 prolific producing silver mines, it looks like ours might become number 17.

Looking forward to news soon.