Ann: APPROVAL RECEIVED FOR BULLANT CRUSHING CIRCU, page-7

re: Ann: APPROVAL RECEIVED FOR BULLANT CRUSHI... bvw, I think you will find the $1088 is "Life of Mine" and includes the yet to be implemented cost savings of the crushing circuit. There's still a fair bit of room for grades to improve from close to 4g/t to closer to 5g/t - this will further reduce costs. KMC is crazy cheap at 5.7c ps - the market has just given up. To think they were raising capital at 15.5c earlier in year and have achieved a lot since then. Would be no surprise to see sp back above the early CR level in 2012 if gold holds above $1500.