Ann: Integration Update , page-16

If anything today's disappointing update demonstrates the unpredictablity and difficulty (lack of transparency) many mining stks are. my hope is that by having 'so many irons in the fire' SLR can mix&match things to achieve the desired targets. We are in for an interesting 6 months. Re macro: if one doesn't believe POG can at least hold onto current levels than no point (imo) in holding any gold stk. Moved my sentiment to hold based on today's news.