That is all correct and why I love CMM so much. GNH has huge upside potential and I love that story as well. The difference is we are producing and once we hit some targets like 1200t/d and 8k ounces per month with no liabilities in management, we should see our SP climb substantially from $40 per ounce to closer to $100 per ounce or more.

The $400 per ounce is Osisko and I believe this is too high and why I do not own any of it. However, it does illustrate how the markets are crazy. We are getting a 10x difference in price per ounce, our grades are about 4 times higher then theirs, same jurisdiction, both in start up mode-well Osisko officially starting next summer but both are financed to commercial production and yet here we have a 10x difference in price. There is just no question looking at both situation where the upside lies that is for sure!

Glorieux