Robert,

When I did my calculations at SUMMIT I did not know that it was as deep as you did but the numbers still shocked me. From the most skeptical point of view, VIT's reserves are world shaking, even without the deep theories of RJR and Madrid, now over half proven.

What really turns my crank though is the new board (essential) and the break-throughs in mining. A) solar to cheaper than coal ( power is key to any mine), B)much better electrchemical winning,(much less pollution) C)Blastless mining, (why mill at the plant when we can do it at the face?) D) robotics, E) the new way of mine planning where tailing replaces lost rock allows easier start up because you don't need plan the total run of the mine.

Over a longer run, which we certainly will have, the people of Nevada will benefit more from us than from all the Barrick work. By the way, do you know where Barrick's $70m in wind mills is going?

Grey