Plenty of chance to make a dollar or two from Hog Ranch. The...

Plenty of chance to make a dollar or two from Hog Ranch. The interview Richard did before the Noosa Mining Conference mentioned a spinoff. The $4M from the cap raise will be for more drilling and the spinoff I imagine. So maybe Q2 next year? The project (and it is a project by itself) still has no limits but could be a monster with high operating margins and say 200,000 oz pa production. Nevada is the home of heap leaching and the project is a goer.

There's a lot of engineering design work to go into the planning for Hillside to get financing. The project is moving in the right direction. Some forecasts are for copper to hit $7/lb. I would bank on $5. Even that makes the project worth a hell of a lot. The cap raise was a good move as the market tends to drift in September due to summer holidays in the USA. For those of us who are patient, we will reap the rewards.