"During the detailed engineering phase of the project, consideration would be given to using new flotation technology that is currently undergoing full scale testing. This, if applicable, could reduce the number of flotation units required which lowers the construction and capital costs while at the same time reducing operating costs."

I wonder what this new technology could be. Has anyone heard anything from Elmer on this?

"The Company is committed to pay $1,000,000 in 2013, $1,000,000 in 2014 and $750,000 in 2015 in connection with an agreement on the Schaft Creek property."

I've never heard of this before. Does anyone know anything about where this came from?

"At October 31, 2012, the Company has recorded $4,225,067 (October 31, 2011 – Nil) for Mineral Exploration Tax Credit claims"

Woohoo!