Following are metal grades and monetary values for yestarday's drill intercept of massive sulphides at San Deigo. I have used current metal prices of Ag = $10.24, Pb = $0.6778, and Zn = $0.5231.

Sulphide True Width = 4.97m

Ag Equiv = 42.42 oz/tonne

Let me stop right here. 42.42 oz/tonne silver equivalent over 4.97 meters is simply pheonominal.

Value of Contained Metal = $434.34/tonne

Metal Value at 70% Recovery = $304.04/tonne

Metal Value after 15% Smelter and Shipping Cost = $258.43/tonne

Profit after $35/tonne mine and mill costs = $223.43/tonne

Profit with 1500 tpd mill = $122.3 million/year

This is simply an awesome intercept. This material would pay for a 1500 tpd mill which costs $70 to $100 million dollars in 8 months. Both San Deigo and Velardena are going to be major mines. When we don't get bought out, metal prices double to where they were in March, the junior market turns, and we come out with a 500 million ounce Ag resource in December, we are going to be an $8 stock. I realize that is a lot of ifs, but I think it is going to happen and soon.