Thanks for the report Andy....

I also went by the show today. Found out a couple of interesting things:

1. They have the directors they need in place to satisfy the TSX for independent directors since Courtney Shearer in now independent since summer.

2. They should only need the 43-101 on the hinge done in addition to complete the TSX prerequisites.

So the TSX listing may not be that far out of range.

The new ramp is far enough down that they are now angling over to the right, and is now getting close to the hinge ore. They will be starting to draw developmental ore out of there around the end of the year as access shafts to that new area are started.

Otherwise, things seem to be on track....they said that they are about 6 months behind where they would like to be, but that is not a surprise (nor uncommon).

I asked Gestur when they expect to be cash flow positive, and he said "as soon as our revenues exceed our expenses" - I couldn't argue with that, but of course, it was said in jest. As Andy posted earlier, it should be in Q1. November and December could be close, Gestur said.

NLion