Wpgmoney, only responding to your notes as i was not in attendance. Dale commented that they were obviously behind on their target of 90,000 to 100,000 oz. He said if the 007 zone comes in (I presume as planned) then they will be close, currently on a pace for 75,000 oz.Then you mention,( They have reached the 007 zone zone with the decline ramp (at 800ft from surface) and will be doing development in Q3 )..WPG, development is done with Flow Through money and can not count as producution, although Sans accounting does leave some to question as how they view oz from production and development i see no news from the 007 until Nov and possibly longer if a bulk sample is taken.... Regarding the Hinge they are mining 5 levels and pulling 550 tonnes of ore / day which is ahead of schedule. WPG, this is good as this production of possible 100 + oz will help to pay for over 300 staff on site each day. ............you ask,

When asked about the long term need for a new shaft, I can't recall exactly how he worded it but it didn't seem to be needed in the near term, Hugh after the meeting privately told some of us that if they need a new shaft they could drill up from existing working which is much cheaper. If anyone can eloborate, pls do so. thanks, ..a new shaft at this point is only in future mining plans as eventually enough production ore will come from the hinges to prove cash flow positive for consecutive quaters and allow for TSE listing. I see as drilling continues to prove up oz over the fence ( you own 50 % ) then a deep shaft will have to be sunk in which will also benifit mining from the deeps and drifting on multiple levels in-order to reduce cost. Sorry but if Hugh said this shaft could be sunk from, Hugh after the meeting privately told some of us that if they need a new shaft they could drill up from existing working which is much cheaper, JUST my thoughts here but i can not see how this shaft could be sunk going up from existing ramps. ..Dundee has a bought deal here with reguards to San and now SKP so on their terms news will flow on how they see it. San will benefit shareholders by drilling up more oz as in the long run mining companies shares reflect what the bottom line can prove up in years of mining life. San still needs 12 to 24 months of drilling to prove up enough reserves to push and maintain our expected $ 12.00 share price so in the mean time play a round amongst our Blue Flags. Long On The GoldenFairWay, Traps7