Speaking of Ecu value today's Goldcorp deal to acquire Andean resources provides us further evidence how undervalue we are, Cerro Negro has reported indicated resources of 2.54 million ounces of gold and 23.56 million ounces of silver - which is quite pale compared to what we have and considering that CN is just a guanaco pasture somewhere in Argentina.

The transaction represents a 56% premium to Andean's 20 day volume weighted average trading price on the TSX - Not bad at all, someone with knowledfge of the business clearly sees the value of AU and AG in the ground.

I also own a large amount of warrants and the only thing that could bother us ahead is not making it to 2014 due to a take over or an early exercise of warrants.

Nice to see to the gold silver ratio below 63 - when did it last happened? A while back I suppose.