It appears that a final milestone achieved by MGN at critical time when PM sector trend has turned up.

Mines Management Inc. Receives Final Record of Decision for the Montanore Silver-Copper Project

” An independent PEA published in 2011 describes an underground bulk mining scenario utilizing conventional crushing and flotation processes which would extract a high quality concentrate for sale to smelters at low underground mining and processing costs. Initial throughput of 12,500 tons per day is projected to produce more than 6 million ounces of silver and 50 million pounds of copper annually, with potential for expansion up to a permitted capacity of 20,000 tons per day.”

http://globenewswire.com/news-release/2016/02/12/810426/10160051/en/Mines-Management-Inc-Receives-Final-Record-of-Decision-for-the-Montanore-Silver-Copper-Project.html