I just got off the phone with Shawn from IR and he sounds really enthusiastic and really promoting SGR these days. Wow is he pushing this, im impressed.

He did mention again that there will be 2 43-101s release which had me asking what i heard from rick about only releasing 1... long story short, he talked to Dale and got back to me and said there will be 2. The first will be on the hinge zone and will be over 1 million oz, could be around 1.5.

They are still drilling for these 43-101 so they have not cut that off yet. They anticipate that it will sometime in Feb when it is released but that all depends on what they find. Im assuming if they find more high grade they may delay it more to include it.

Anticipate about 10-15 thousand oz for Q4. Q1 2009 could be in the area of 20-25.

SO it looks like Q1 should be our first chance to be cash flow positive.

He was stating that beyond 1.15, the sells are really thin till 1.40 so it can gap up easily any day. and he is optimistic that we break 1.15 today.

He aslo was stating how undervalued we are. And that we should be between 2-3$ if we can't perform let alone if we hit cash flow positve.

2009 will be huge and this stock will gap lots. Expect to be surprised :)

Jeff