Just a reminder, the Indicated and the Inferred total ounces for PEM on the OSZ come to 1,405,000 ounces +or-. It sure would be nice to be able to get some cash flow by pulling some of the gold out of the ground.

Somewhere around the Deadwood, north of the Friday is a huge open pit mine that was halted (stopped production) in the 1980's when the price of gold fell backwards. It was said that it wasn't cost effective to mine the pit when gold fell to a couple hundred dollars an ounce. They didn't halt the mining production because they ran out of gold! Anyone know what the grade of the gold was that was being mined from the existing open pit? I saw this pit and I have to wonder what it would take to get it back up and running again, if it was cost effective once again, if gold rises in 2014-2015-2016. Any opinions? Might this be but one more excellent reasonable opportunity to mine an asset besides, or in addition to, the BG? And then there is the Friday. . . . . .

I believe John Ryan has brought a mining engineer on board to make a plan for starting up a mine operation-production. They say it is for the BG, but I also wonder about the existing open pit mine to the south of the BG?

Happy Holidays to all. May there be gold in your stockings.