St. Elias Mines

SLI has always been liked by the Peruvians. They have hired Peruvians from day 1. They have helped rebuild some of their homes and as of late, have hired 20 more to help with Trenching and Drilling. I can't see any protesting coming our way. As well I don't think there is a problem with water polution 1800 meters up at the top of that desert plateau. There is a complete absence of water on the Tesoro. If there are changes to the Royalty taxation system, they will be dealt with by the major gold mining company that purchases the Tesoro. It may affect our buyout price somewhat, but with the volume of gold that we believe to be up there, we won't have any problem finding a buyer, or a great share price for that matter.