Not overly impressive ... the combined Q2 and Q3 results for 2009 is 14,076 ounces. Seems doubtful that we will hit 30k ozs for the year which causes me to question 50k ozs in 2010.

On the upside

- A monthly production record for total tonnes mined, having occurred in September 2009 of 931,000 tonnes a 16% increase over the intended expanded mining rate of 800,000 tonnes per month

a reduction in waste as % ore

share price - .84

Will take a wait and see approach. If EPS improves as a result of better control over expenses especially the SGA we will continue to ride the wave upward as the market also advances. Otherwise we will languish until the end of the bear market rally and head down then.

orgy