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JACKPOT

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JACKPOT

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Re: Macod post# 40313

Tuesday, 10/04/2011 5:20:18 PM

Tuesday, October 04, 2011 5:20:18 PM

Post# of 65657
ABSOLUTELY.Proceeds from the 1st shipment (expected to be over $2 million) will be for the share buyback. Not all proceeds will go towards the buyback because our other gem (GHD#)needs to get paid. Shipment is Nov. 1st and $$$ by the end of November makes Dec. a joyous holiday season. :)
Followed by the filing of the 43-101 in January--Nice way to start the New Year.

Management said that they expect 1,500-2,000 ounces to be sent to the refinery for sale in NOVEMBER.
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