With the expectation of an updated Eagles nest sometime in the 1st quarter I thought I would re-post a portion of Dundee's Nov. 4 report.

....".Eagles Nest , Deposit Target Size increases

The company described the Eagle's nest deposit geometry as ribbon like being contained in a vertical zone with dimensions 1,000meters vertically by an east-west strike lenghth of 200 meters by a variable width of several meters up to 60 meters. In our October 16 note, we estimated a combined target size of the Eagles nest at 10 Million tonnes that, based on the company's dimensions, could understate the opportunity by a factor of 2 times (see Exhibit 1). Couple this with the fact that the Eagles nest is open on strike and depth and we believe that there is excellent upside potential on this deposit alone."