Good morning my friends: A few thoughts keep running through my head. The world is a long long way from coming out of the present situation.

It may be years actually before the demand for industrial metals rebounds to it's former level. However the demand as presently visualized, calls for an increasing demand for Gold and Silver.

Silver is increasing in demand as new uses are found for it daily, including the medical fields. Unfortunately the production and reserves are declining radically at the same time.

Gold is also in increasing demand while again production and reserves aren't keeping up.

Putting them together, I believe that Jim is quite correct in turning to Mexico and beating the rush for the medium and smaller richer properties. These can be put into production far more quickly and inexpensively, relatively speaking. The Majors have bypassed them in favor of larger ones. Several smaller properties can equal the production of a larger one.

What are your thoughts on this?

Don Jose de La Mancha