Since 500 mil is equal to or close to the amount they have invested, that figure is probably much too conservative. Whether LC contains 17 mil oz in reserves or 21 mil oz in resources (measured and indicated) or 27 mil oz resources (measured and indicated + 6 mil oz inferred), the amount used at the arbitration will be increased by approx. 20%, more or less, since the last 43-110 was based upon gold at $550/oz. With gold now triple that, at today's prices, the reserves increase for technical reasons, namely, the greater the price of gold, the more economical it becomes to mine for gold of a lower quality, e.g .8 g/t v. 1.10 g/t. In additon, the company's independent valuation expert, who has been working on a valuation for a long time, will be working up a figure for lost profits based upon not only this greater number of reserves and resources, but also upon what he estimates will be the greater price per oz of gold over the 40 yr mine life. Even at today's gold prices, and without consieration that such prices may increase, RF's estimated damages of 3.8 bil could be conservative. We will have a better idea of what figure the company will estimate as their damages and how the expert calculated them when that expert submits this information at the initial Memorial filing, which is to take place in Feb. 2012.