Before we give up on the economics of the mine, IMHO we at least have to finish all of the current developement underway. If after that, they can't make it work you might be right. Of course that is assuming that gold stagnates or retreats and that all of the >12 gram ore that we have been hearing about can't be mined without massive dilution. After 007 is operating we should easily achieve the 1100 tpd from the surface mines and at a minimum of 8 gpt we will do 23000 ounces per quarter. Using the high costs we saw in the Q3 report we will see at least $450 per ounce profit. The new ramp at the 26 level wiil give them access to the high grade 98 without relying on the D-winze. To make my point I have taken a few items out of th NR's

The Rice Lake Mine continues to develop and produce from the 98, 98 FW and RL East veins at the eastern ends of the 26 and 28 levels. Slashing and modernization of the 26 level (4,000 ft) continued in order to provide fully mechanized access for mining and haulage

The L10 Zone is tabular and steeply dipping to the north and possesses robust widths with consistent mineralization which appear to be amenable to mechanized (possibly longhole) mining methods. The L10 zone is accessible from the Hinge/007 decline; development is underway and will reach the L10 zone early in the first quarter of 2011.

The 007 zone was accessed from the Hinge Mine during the quarter with initial bulk sampling/sill development commencing and continuing throughout the remainder of the year.