Well, as Analoque suggests, I have pumped the cat. After enjoying a relaxing cigarette, she informs me to consider the obvious, simple numbers.

Assume 250 tpd, gold at 2k, silver at 40 per, based on our 2 grams per ton gold and 220 of silver, that's in the general region of 100K per day revenue or 36 million per year. Does this seem optimistic says the cat. Sure. OK. Cut it in half and you are very close to 10 cents a share in revenues. Given that producers typically trade at 10 times revenues, that puts you at a buck a share.

Cat logic.

There are only a hundred or so variables that could surface to alter these results, but the potential is there for sure. Drilling on the visible veins at Xora any moment, etc, etc.

So if you take that number and cut it to 25% of possible revenue, you get fiddy cent a share.

The question is, given we have a bunch of money in the bank, etc, is there some serious upside potential to this stock? The cat thinks so, as do I.

This is still a serious "Missouri" "Show me" stock, but that is good as far as I am concerned. Gives me time to accumulate a bunch.

All that buying was TD only today. Dollar volume might have been one little retail person for that matter, but, what the heck.

Sorry about the cat thing. Couldn't resist. Hee Hee.

Got to go to work now. Start at 1:00 AM. Goofy hours, but such is my life these days.

Twuck.