Future fair value (including dilution forecasts) will obviously depend on the sp at the time of the next financing. Personally I am hoping that the current drill programs (including some deep drill results) will allow us to put out a resource estimate NR for Timmins/Ascot (albeit likelly non NI43-101 compliant) that will convey the true potential of this 1 km long property and get the sp up to 0.60- 0.70 range by the time the next financing happens. You may all have seen the recent NR by GBB reporting on what we think are inferior grades and a much smaller resource size and look what that did for their sp. We were in the exploration office the day that that NR came out and I can tell you that Frank C. was paying very careful attention to its effect on the markets. If the current Au assays are consistent with previous average results for this entire property then all of this should be imminently possible.

All imho of course,

Scott