The first is an observation, that may be a coincidence but I think not. I still have been opening Stockhouse as it is convenient to see my portfolio, new news that is posted in black letters, volume etc. and is much superior to “My Portfolio” in Algoracom. Since I stopped, the number of my computer infections has dropped to a minimum.

Apologies to those that are sick and tired of how many ounces of gold are in the ovoid.I happen to like reasonable accuracy, and although I don’t know anything about mining my view is that I like to guess at a reasonable assessment, consequently made the rough model of the anomaly. I thought we were using a scaling factor of 32. I happen to think the ovoid is more of a lump (1/2 bowl from management)and that the ovoid formula underestimates the rock body size. I don’t understand using rectangular dimensions and then using a massive scaling factor of .68 so I have given up on the whole subject.Management knows the precise size but I can understand that they want the permit first, then release the calculations for the massive anomaly. This one body is only a swimming pool short of a mile in length!

In this way management gets maximum jump in share value and then can get cheaper financing for Vilcoro as well, if that’s what they want to do. I’m just a minority shareholder so “He also serves that stand and wait.”

I don’t think it is reasonable to insist on using the lowest value, i.e. i gm per ton value; it appears silly to me. Why not ½ gm? I don’t think we are going to have a bigger mine than the Russian one, and if any of my friends think I’m crazy I just say that if I’ve exaggerated it tenfold, what’s the difference; I’m going to have more money (in gold) so I am better prepared to meet the coming terribly inflated and depressed economy in either case. So I would rather use values that are realistic and somewhat closer to the known values that Hog & Sculpin and the others have given us.If 11 oz/t are too low, the drills will tell us. That red colour is not there by accident.

I find it singularly unusual that the permits are taking this long. I wonder if there was an error in the submission, and then discount that in view of the experience of the team, underlined by the approval of the Vilcoro permit. I don’t know anything about greasing the palms of les “Hommes d’Affair” but I surmised that would be a dangerous undertakingin view of the reformations in Peru.

Finally I have serious objections to anyone that might advise a poster to sell their shares if they are unhappy. You might entice someone to sell in anger or in spite – reminds me of a study a criminologist performed, trying to find out what the last words of the victim were. The answer, “I dare you to pull that trigger!”

I don’t plan to post very much in the future; I realize I am not in a position to comment on things I know nothing about, and I don’t have the personality to contest opinions of more knowledgeable people; I hope to learn from my errors, and will try to learn more of the subject as the history of this seemingly barren plateau unfolds.