GOLDEN PHOENIX MINERALS (GPXM)

[ItsAllCyclical]

Re: Worker issues:

In speaking w/IR again I confirmed that they do have enough workers to access 2 pts on the decline at once. They also have enough workers currently to create a second level, but the process would be faster w/more workers. They are looking for about 9-12 new miners total for full production. Again per previous PRs having enough workers for 2 access pts is important as they've said they expect to significantly ramp up production w/2 access pts. It won't quite remove the need for Fusion, but it'll come close.

The permits required for housing are just basic construction permits and they are just planning mobile homes. So this part is a non-issue.

Again, per IR about 3-4 acces pts are needed to insure full production. Will have to see how many miners they need 1-2 months from now to determine the progress they've made. Again compared to everything else they have overcome I don't think this is a very big issue going forward.