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SOUTHPEN

12/29/13 7:13 PM

#16952 RE: eward368 #16951

I agree eward. The company has been ravaged ,but through all the mud ,the Galena is still one of the top silver mines in North America,now and 20 years down the line if the LZ area truly can be exploited for 150-200M oz's or about 5 million plus ,ozs a year .

Had we never had a merger and had a competent custodian of our balance sheet,we likely would be a stock driven down by silver spot but only have 60M shares outstanding and no debt. We would likely of been suited by another major for a buyout in an all share deal. That was my hope and it was a very realistic thought before the merger.