losses to sgr are useless....today.....try going to the bank to borrow on them losses....i would rather get 20 to 40 cents on the dollar than nothing......yup some one got something for 3.75... idiots or shrewd people they may be.... who cares about the dilution at this stage....it won't matter one bit if they cannot show us the money soon....still some one sold the new speculators a good story.....and who knows it may turn out to be true.....as i understand the flowthroughs they can only be used for the purposes shown in the prospective...the 80 mill....probably has not all been spent....it would be great if pirie et al would up date every one as to the status of the 80 mil....and again may i repeat give us some guidance as to what you expect to produce....i frankly don't care if its 50,75,or 100,000 oz....just tell the shareholders the truth....until them we are a glorified exploration play....who just happens to produce some gold.....