Hi Stockcall,

One thing to keep in mind is that Aurelian did not get screwed by K, but the Equadorian government. If you talk to them at PDAC, could you please ask them how that is going. Last I heard, K is among 6 companies that have not resolved their political issues.

The other thing I would like them to expand upon is their gold hedging program at Kupol. It sounds like they locked in a hedge at substantially below today's prices. The data is on P 11 of the Q4 and year-end results for 2010. I sent them a question via e-mail, but have not gotten the data yet.

They also have a silver hedge at Kupol that will lose them revenue if silver were $24 per oz.

If you have the chance, could you clarify exactly what these deals are as to price and length of contract. Also, do they have any more. Are they anticipating doing more? What is their general policy regarding hedging? Do they feel gold is going to go up or down?

You get the idea. If you could answer some of these questions for me that would be great. You could then post to this board or PM me.

Bob