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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: San Luis Project

San Luis Project

posted on Apr 25, 2010 10:38AM

Category

Tonnes

Gold Grade
(g/t)

Silver Grade
(g/t)

Tons

Gold Grade
(oz/ton)

Silver Grade
(oz/ton)

Contained Gold

(ounces)

Contained Silver
(ounces)

Gold- Equivalent

(ounces)

Measured

55,000

34.3

757.6

61,000

1.00

22.1

60,700

1,339,700

81,300

Indicated

429,000

20.8

555.0

473,000

0.61

16.2

286,900

7,655,000

404,100

Measured and Indicated

484,000

22.3

578.0

534,000

0.65

16.9

347,600

8,994,700

485,400

Inferred

20,000

5.6

270.1

22,000

0.16

7.9

3,600

173,700

6,300

Joint venture with Silver Standard Resources, which currently owns a 55% interest and can increase this up to 80% by funding the project to production. Silver Standard is now the JV operator; Esperanza is fully carried.

Excellent grades of gold and silver.

How much of the companies valuation is attributable to this project....any guesses? Perhaps $30m?

I've held this company for a couple of years or more.

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