You can see below Beunaventura going into mine this deposit with a 2 year mine life for now of 2 years at 50-60k ounces per year, or a deposit of around 120k ounces to start with. All of our Peruvian properties suggest more gold than this, so in time, all will most likely be mined by the buyer of them. FYI, this mine is only about 70km,s to the east of our Tesoro.

http://www.minerandina.com/en/buenaventura-launches-breapampa/

1 million ounce deposits have been fetching upwards to $300-$400 million bucks in recent times, in our current share structure, one sale like that could mean $2 to $3 a share easily. As we have seen in the last couple years, speculation is being a big factor in purchases, so it seems the proving aspect is no longer the most important factor in making an aquisition.

Most companies are very blessed if they have the opportunity to have even one million ounce deposit, let alone 3 like we may have.

IMO