Doubling annual production at Savkino...was 16K last year, projected at 20K this year. This might then add another 20K ounces for 2014 to 40-50K ounces. Lamaque should easily be at 100K ounces by then and San Juan 25K. So, we could be looking at 175K ounces for the 2014 year end.

Additionally, I think the NI 43-101 reserves will have significantly increased. I also expect that perhaps 2012/2013 as cash flow positive occurs, we could see more of the plan roll out - that is further business acquisitions. Hopefully of the type that benefit the shareholders. I can see adding a couple of juniors to get us up to the 250K potential by 2015.

Just thoughts.