market depth, page-6

Hi Guys,

Exciting times ahead.

Fundamentally a lot of news flow will be forthcoming in the next eight weeks including the first drilling results from Azuay.

Technically interest may be building as the MACD, RSI, etc are looking very positive for a little run.

Still hugely undervalued on LL* alone not to mention Azuay, San Gerado and Peru (which we will soon start hearing more about).

(* Note the LL NPV is very conservative with unhedged gold modeled at $1,100 and silver at $20. Also, the time discount is reducing every day. An NPV of 31c per fully diluted share for LL is now materially higher)

Cheers
John