much depends on pjo, page-12

re: valuation of pjo $2.37aud per bsg share BSG owns 64.75 million PJO shares x last night close of $8.90CDN x exchange rate 1.17 = 674 millionAUD.

Divide by 285 million BSG shares, leaves a value of $2.37 for PJO per BSG share.

So, buy into PJO at 10% discount (through BSG), plus get BSG cash - about $20 to $30 million, plus BSG other Mexican projects for free...

$5 party at Palmarejo....coming up. I hope Bruce shows up, so we can reminisce about his famous 70 cents call of not so long ago.

Bartender, another tequila!