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Message: POG

Respectfully, it would be boring with them back. We really have very little left to discuss at the moment. Permitting is in the hands of the Peruvian gov't. I believe that our permit application is for all anticipated work to take place on Tesoro for the next 3 years. That means it would cover more than just drilling, but also the initial phases of mine development. I know it has been said that we are just explorers but the permit would go with the property in the sale. Having further work permitted would make for an added selling feature. And so because I think that we are seeking an advanced work permit, this accounts for the additional time in the review and approval process. I've seen exactly this happen before in another junior I had invested in. It also seemed to take an inordinate long time but it was worth it.

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