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Re: None

Sunday, 02/04/2007 2:23:17 PM

Sunday, February 04, 2007 2:23:17 PM

Post# of 57
Prez Jake says we should see the Engineer's Report out this coming week...Proven tonnage to be slightly under 100M metric tonnes...and with gravel selling at approx $16 a tonne...that's a close $1.6B proven reserve...That doesn't include any reserves outside HBK's property that they can easily negotiate the rights for from the Canadian Gov't...

For comparison...Polaris (PLS-V) has twice the number of shares OS...98M tonnes proven...and traded around $7 CDN...And HBK is not just an aggregate Co...they're also looking at several Gold opportunities...with one site located in Ecuador...