Ann: Letter to Shareholders, page-16

I agree. The lack of information is of a concern to me also, but I just chalked this up to being a junior gold miner with minimal staff and being run by geos with little pr expiernce, I don't mind I feel the detail of mining will commence at this date, I have to take them at their word, time will tell my analytical side calculations have placed this at earnings above current mc which places huge disparity between mc and value al though gold miners are hard to value on traditional p/e I believe a certain ratio can be agreed upon and the conclusion is this is very very cheap