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Re: Trueheart post# 7276

Wednesday, 06/28/2006 4:52:45 PM

Wednesday, June 28, 2006 4:52:45 PM

Post# of 42619
Good info. The Board approval is key though
because it solidifies the MOU. I would have liked the PR to address beginning of mining operations, but I think FMNJ wants the reports for veins 2-4 first to determine where to begin operations from these 4 assigned veins. If any of veins 2-4 have significantly more estimated reserves and/or possibly a better start point (easier access-extraction, depth, etc.), than vein 1, operations would likely begin there.

The reports on the remaining veins are to be out nearterm.
With such tough working conditions as stated in your info, FMNJ I believe will be seen as a benefit by enhancing working and safety conditions in their mining operations.

Thanks again for the info on the mining @ Cerro Rico!

My opinion only, not a buy or sell recommendation.
Best Regards