Ann: Quarterly Activities and Cash flow Report , page-2

re: Ann: Quarterly Activities and Cash flow R... Well I must say I am one of Mundo's biggest fans and that report was pretty average by any standard. Not quite sure how the production target of 32,000 ounces for calendar 2009 is coming along when we have not even produced 18,000 ounces yet with only one quarter to go. We were told that the Galeria ore body was higher grade and when they started mining it from June production should be around 2500-2800 ounces per month. Instead we have only seen production of around 2100 ounces per month. This along with a cash cost of over $750 per ounce means that profit is pretty slim at the moment. I will be talking to JL to query him on a few goals they have set and missed, but we have heard nothing about over the last few months.