Hi Barry 1. From MKO preso: Bronzewing Gold Mine status: - Mine...

Hi Barry

1. From MKO preso:

Bronzewing Gold Mine status:

- Mine on Care and Maintenance - operation ceased in April 2013.
- All plant and equipment regularly checked and operated.
- Plant is well designed and in excellent condition.
- Purchase includes a large inventory of critical spares.
- Potential to start production within a few months.
-Camp in very good condition and of a high standard.

While this doesn't necessarily state that no capex is required, I am fairly confident that it's pretty much ready to go with little outlay...and if any, it will be minimal and hardly worth mentioning. Even the $15M you mention I would consider chicken feed in the event they were producing 100k ozpa. Course a call to the company may confirm, or state otherwise.

2. Forget MKO's projects (at least for the short term). Watch Echo Resources.

3. MKO won't be relying on toll treatment. Any toll treatment of nearby resource will be done on commercial terms (ie both parties must make money out of it)

Cdchi1