http://findarticles.com/p/articles/m...

If I compare that project to ours, we also have robust project economics driven by a high grade starter pit, exceptionally low strip ratio (I think TTM mgmt said 10:1), simple processing technology, good existing infrastructure and a large mineral resource getting larger.

The waiting is almost over... these reports take time to prepare. So, please be patient. I don't know if we're waiting for a Preliminary Economic Assessment (PA) or a Pre-Feasibility Study (PFS) but they usually are quite similar. I think from reading the 43-101 that it's a PA.

Anyway, Northern Peru had about 30 million shares outstanding and $560 million NPV with a CAPEX of close to $1b. If you compare this with TTQ, I think TTQ NPV is around $640 million, same CAPEX and 50 million shares.

http://www.northernperu.com/i/pdf/20...

After the PA, Northern Peru completed the PFS and then, a few months later they got bought out for $13. Therefore, I'm not selling for anything less than $8. I'm willing to wait and see what the other two properties prove up to be. If they're as good as the first one, $15 SP by end 2009 is not out of the question.

http://www.northernperu.com/s/NewsRe...

I hope this is what ultimately happens to TTQ. That's why I think you guys should stick around.

http://ca.us.biz.yahoo.com/iw/071220...
http://ca.finance.yahoo.com/q/hp?s=N...
http://ca.finance.yahoo.com/q/bc?s=N...

GLTA