Well, I'll give you one Hans - .21 cents.

Woody: Many many things have changed to reduce the risk profile of this stock. And the price tends to reflect risk, though it may take some time for recognition of the lower risk to filter through to the big money types. I am thinking that by Christmas the word will be truly out and the price will be at least halfway back to where I bought it all those years ago.

The FS clarifies and cements in place the already achieved progress which is considerable - 1.33 million ounces of reserves is not to be sneezed at.

And we have a much clearer picture of the future plans and confirmation that this project is economically sound and profitable. And this project is a small one compared to what the Clan Lake area has in store. When we get into that, look out up there!

We also have a growing sense of the determination and considerable skill of the management team to bring this project to fruition. There are some hurdles remaining of course, but they look surmountable now, and my optimism is growing daily. Ike