Too much product being stockpiled for the level of demand and thus the low commodity values. Stockpiles will have to be devoured before prices rise. The question will be if we make enough money to pay for our expenses as we move forward

Fortunately the prices used for the feasability of the mine were at reasonable levels. We are currently very close to those levels, however I am seeing atrend upwards of commodity prices.

-Project-Positive-Pre-Feasibility-Study-- Pre-Feasibility pre-tax NPV (8%) of $57.4 million using weighted average metal prices of US$2.95/lb. for copper, US$1,269.09/oz. for gold and US$24.78/oz. for silver. +

I Believe that we are not liable for any losses, however of course if there is no profit we do not get any revenue. Perhaps Rick can clarify this.