I get about 8k ounces of production at Lamaque using 800 tons per day, 96% recovery, 3.5g/t, 90 days of production. SJ should be good for 5k ounces for a total of 13k ounces. That in my book would be great and any expectations of higher figures may lead to dissapointment. I will be thrilled at 15k for Lamaque and SJ as we will be showing that we are on track.

Now that our coffers are full, we should be in a great position to continue to ramp up and drive home some serious revenues. I get about 8M dollars of net revenue after mining costs. That would give us 32M on an annual basis at a PE of 10 gives us 320M in MC or 73 cents per share. Production should only increase next year and if the PoG holds or rises, CMM will be a big winner for all of us!

Glorieux