amarksp, regarding the Hecla royalty, we know it is about 50%, which is good, but we also know that Great Basin will not receive any royalty until Hecla's costs are covered. Hecla is spending nearly double the original projections to develop the mine. I doubt Great Basin will see any cash from this deal until 2010. That is what I used for my discounted earnings calculation. Do you agree?
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