DB....As a producer you are/might be right but there are some other problems with this "Too Be" producer.

First there recoveries ( especially silver) is not very good and will remain that way until they upgrade their processing. Silver recovery now is planned at only about 60% where if they upgrade the mill it will go to 90 %......

In other words of the 4 million ounces in the ground if half comes from silver...say 2 million gold equivalent they will only produce about 60% or 1.2 million...

At this point is is just a "good guess" as to what MFN is worth...I am hoping for a three or four $ bump in price when they start producing....I might be a little too optimistic though...but from here ( $ 9.60)....I will be happy with $ 13 or $ 14 by Sept 2008..

I don't think these guys will do a stock split as they pride themselves in having a small amount of outstanding shares....but because of this they have taken forever to get to the point they are at now...it has been a long four or five years......Also their production will not be as big as it could have been if they spent the money to upgrade the processing plant to where it should be...

But, what the hell do I know...

Hawnkoa...friend of a successful mine startup and DB & Fuzzy Friends