zones of focus, page-53

Columbia,

We still have to wait a while to find out what MCO's actual grades are. So any comparison with Mundo Minerals' grades is a little premature.

But I do know that Mundo has $5.8 million debt, $1.2 million in the bank, 853 ozs of gold stock and a gold cash cost of $698 per oz. And their mine and leases are in South America (Brazil and Peru).

Whereas MCO has no debt, will have $12.2 million cash from the exercising of options within 6 months and I hope the gold cash cost will definitely be below $698/oz. MCO's mine is in Victoria (aka Mexico)

All the best with Mundo Minerals. Buena Fortuna amigo.