I don't follow this company at all, but just listened to Brent Cook (on Financial Sense Newshour (5:55 minute mark) and he states that there were people on television talking this up to an 11 to 20 million oz deposit...and presumably hence the subsequent drop with the recent NI 43-101 NR.

http://www.financialsense.com/financial-sense-newshour/guest-expert/2011/05/13/david-morgan-brent-cook/next-level-of-support-for-silver

Cheers, Luker