The 1.12B was for E1 alone as Genuity reported it was worth 5.6B and 20% if bought by a major is a reasonable assumption. Could be higher, could be lower. The other 880 million dollars comes from E2, blue sky value for our immense land position around E1 and 2 and a little bit for windfall which no one except the longs give respect to but this will surprise many people when the ramp reaches hole 100. On the way there, they will be picking up extra gold which they will sell to fund more ROF exploration without further dilution to our share price. Did you notice I did not give a time line on that valuation...If you want one, I would forward this guess: The 43-101 will be out by the end of August and this will get our SP to close to $10. By Christmas, we will have bulk sampling from Windfall and this will take many by surprise as they realize this is not a one trick pony. I believe we will also be listed on the TSX by then and will be closing in on the $15 share price. Take it for what you want cappy but many of us here feel pretty good about our investment when looking at a 2 to 3 years timeline. If you are looking at shorter timeline, may I suggest day trading or swing trading...they offer much quicker action and an constant rush on adrenaline...but the returns are by no means guaranteed!

Glorieux