Well the market seems to think it is not good! Who knows, but the company is pleased to take it back if you believe what the CEO conversely stated in this PR. We shall see, if and when they put out the updated resource estimate by mid May as stated.

Notie Girl

Gary Cope, President and CEO of Orko, noted, "We are very excited about regaining 100% ownership of the La Preciosa project and developing it into a large primary silver mine. With over $18 million in exploration and development expenditures funded by Pan American, there has been significant progress in developing the La Preciosa project over the past three years. We anticipate having an updated resource estimate in hand later this month or early in May and the AMEC preliminary economic assessment in late July. We identified a number of areas in the preliminary economic assessment of the project released Aug, 2011 that we believe offer opportunities for improving the economics of the project. AMEC will be exploring those opportunities in the current study. The new PEA will be based on work completed on the project since that time. We thank Pan American for their contribution and partnership and we look forward to developing La Preciosa