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intel2

12/22/09 1:15 PM

#47948 RE: XBladeRob #47945

Great PR! Brings us totally up to date on CPRK.

It tells us that 500 tons of con have been received at a new smelter. Expected but huge news to have confirmed.

This confirms CM's statement that 18 to 20 trucks left with con and JIT's report about amount shipped and high gold and silver concentrations.

It adds credence to CM's statements and JIT's report.

It doesn't tell us copper concentrations. It doesn't tell us actual daily production, though it does say "Ramping up to 5000 tons per day" We're still on target, a target that we continue to approach slower than we like.

It doesn't tell us LTF, which probably means to me that LTF has not been finalized. LTF is probably waiting on positive cash flow, which this PR and the JTF report strongly imply is just around the corner.

We are still waiting for LTF announcement. I would not want them to report it true before it is true.

This is a full rich and complete PR.