George, you talk like it is an all or nothing event here. They have 6 underground mines already, improving quite a bit in October and November, they have a new mine at Zancudo coming on line this year that will produce 20k ounces at $600 per ounce.

The payout if they get the Marmato open pit going should be about 10-1, $5.00 is my target in 3 years so I am not sure where you got your 100-1, no one ever spoke of $50??

MacQuarie I believe is acting as their purchaser for the share buy back and they keep buying reducing the share float, another 319k so far today.

Noront's Eagle's Nest and the Marmato open pit are both supposed to start production in 2015, care to wager $100 which one gets to production first?

Glorieux