Wits Basin Precious Minerals (fka WITM)

[YankeeAce]

Well most of the news is already out there right now. You can derive the potential for this one from past PR's. Still up in the air is if WITM will purchase the Bates Hunter Mine for $3M this year. I believe they have until Novemeber to make the final decision. Also, they are continuing to dewater the mine shaft to try and get down to where the previous big finds were. No idea about the overall structure and stability of the mine at that level. So between getting the pump installed at the pump house level and continuing to reinforce the structure of the mine not much going on right now. Next PR will likely update us on the dewatering level and possibly report on the latest tests done of the walls at the current dewatering level. They are also starting tests to look for the parallel veins that run nearby to assess the overall value of the proparty and minig rights. That's all for now.