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Focused on the Rice Lake Gold Belt

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Message: Dufferin hopes

In 2001 they processed 8 gpt, and had a 50% recovery. New flotation system gets 80%, maybe. Assuming $800/oz. mining cost, $1100/oz POG, 300 tpd through mill, SKP gets 50%.

.224oz in 300 tons at $300 profit per ton gives SKP's 50% share

I see about $3.6 million cash/yr to SKP in about 2 years. THis scenario has a reasonable chance of happening, and could relieve us, considerably, of the hit or miss pressure on stock price from drill core results in Rice Lake. There should be many more new releases, and better defined drill targets from Dufferin. This could be the buy of all time for SKP, and the cash flow potential should force any buyout offers to be higher.

Mosey

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