most importantly, pirquitas is up and running. due to low zinc prices, the equipment that would have been used on the zinc circuit will instead be used to optimize the silver circuit. if the company had gone into production a few months ago, they would have been selling silver at $9. either by luck or design, they will start selling their production this month at $14.

the ramp at pitarrilla is complete, and we should have a feasibility study at san luis by next month, as well as a new resource estimate at diablillos. the next project to watch will be snowfield, where they are planning another 20,000 meters of drilling this year.

regardless of the consolidation of the stock price, the company is continuing to make progress on several projects at once, and sooner or later the market will have to recognize this.