Based on ECU's 2008 NI43-101, the contained tonnage in our measured, indicated, and inferred categories is 30,469,000 tonnes. Since our production last year was about 200,000 tonnes, just the MI&I would last 152 years at the current processing rate. Include the potential and it is 300 to 400 years. And the potential does not even include the massive sulphides.

If a farmer had 1000 quality acres and was only planting 10 acres, would it be a surprise that he was not turning a profit? It is my opinion that the above farms value is the probable yield from the 1000 acres and not the current profitability of the farmer.