WPG, page-2

Interesting to have a few 'positive' people join the bandwagon after the recent announcement.

I prefer to stay as neutral as possible, given they have a mine to run and things havent been smooth sailing for the last year. As a longer term holder,we have had a number of institutions state fair value is anywhere from 11c to 15 c, then the last year of issues led to a slide from 8 c down to 1.7c.

Sure there is upside for a turn around story, but there's plenty of hurdles still to come (getting the mill motor upgrades in place, proving they can increase the average grade and access the deeps, sorting out the PYBAR dispute, lowering AISC to <$1400/ounce from the current $1700+/ounce, paying off the $20 million loan with 20% interest rate).