re: Ann: Court approves protection for Brazil... Hard to tell...

re: Ann: Court approves protection for Brazil... Hard to tell what Brazil operations might be worth. Zero a worst case and $10s of millions as a best case.

What's Peru worth? 2k oz per quarter now in trial rising to 6k oz per quarter by Q4 2012. $600/oz costs. Maiden JORC due soon. Not enough info to say what this asset worth - $10-$30m as a guess.

My guess MUN shares worth 5-10c with upside if Brazil turns out to be worth something and more upside if Peru maiden JORC is good.

If they could mine and make $2m per month in Peru from Q4 next year would be a happy shareholder.