I though he did a good job in bringing investors up to date on the companies exploration initiatives. I've been kinda waiting on the all mighty 43-101 for quite some time now. It really is the document that will start to illustrate some real value in the company.
As for Brazil, the CEO is absolutely right. Brazil and many other emerging markets are certainly augmenting demand from powerhouses like india and china. More specifically the increased bio-fuel production i.e) ethanol and biodiesel require infrastructure which demands what they call lean-duplex stainless steal.