There’s a  30 sec placer  video I seem to have  missed in  PR. Told  haven’t seen it . Still don’t . From told  what  cant be  confirmed? I’ll say  the .8 gram /ton’s  a  bit low.    Always get  a  PT chuckle at my  “surmises” .

Called  here at mkt close.  Just  getting  back from Mexco  last  weekend  with  old  explore  buddy  Warren who is  acting  as  advisor on shaft. Very impressed with  quality of  ore  and  set  up in the Julio vein. Feels  can do  50 tons  with  2  heads mined taken out  as  slurry  to the lift.

New  BoE says then .25oz X 50  = 12.5 oz  = $15,000 low,

5.5 oz X 50  = 275 oz =$ 330K  high,

daily

Now  believes will hire licensed  blaster  for  certain   to set  charges then  leave  rest  to own crew.  Placer  is  beyond  expectations  at times  and I think the  10-15 oz  are  well kept up  but  he  will not  confirm that’s on  hand  until is banked. Says will pay bills  forever  but never be  enough for  a pure profit but  is bookkept for  family  share when totaled  up and  all running  in veins recovery  which will be  much much more. Had  dinner  at Pioneer  Steak Fri with  Mark  and environmental  team who will permit  the  new  operations and  found  a  very  friendly  bunch.  Cost  2  great  steaks  and  cerveza.

Was   leaving  for  home  from meeting  now  with JV partner in Reno   and all is in  attorney’s   hands  to complete for  signature   soon as late  next  week.  Says  nothing  more  for him to consider if  done  as  agreed to.  Will be a  good   cash  buy  in offer and  a  30K meter  R/C drill program and 43-101  Resource  proven  this  summer  started  to prove  up initial  1 mil oz  the  immediate  cluster veins  in Maria Elena then  core step outs  to include  leach materials  with the  ball mill recovery  under way.  Their  role  will be  to design   and purchase  all needed equip and  materials  for pads/ ponds  and   MC recovery  he  doesn’t  already  own.   Asked me  to please  tell friends /OK anyone…  not  to sell ANY   at give  away  until details  are announced. My say? Let em sell, friends  buy.  Two names  can’t  be  said are I believe are still  Reno HQ Argonaut  who he  says has ample  ready  funding this  summer  and  Fresnilllo  who he  says was a  decent  cash offer  but  a terribly  slow pay out while  delays  were  built in  for resource  drilling  when they had time after immediate  area projects and  unacceptable  small ownership for  us. Placer still run separate  for family split  unless I’m wrong.  He  feels they should be  well rewarded for  150% efforts last  4 years. OK , us too just in  the other  20 sq Km’s !

What he  hopes  is   he’ s done  dragging  sorry  ass  over hell and  creation  to enjoy   birthday  tomorrow  at  home and  we’ll meet in  Nome  come  Aug 25th for   halibut and   Nome  nuggets on  Paulie’s   ship.  Container  with all needs  is  in  shipment  15  days  to Homer.  to be  an claims  by   early July  working  out  the kinks.  Well experienced sea tug  Captain is  setting  up to go.  Bunch of  invented  stuff  will blow  Nome  minds  to see.  Prospecting is  by  a torpedo   shoot grabs  a  bottom sample  for  assay  before any  dig needed. Close  sealing  clam lips  will not allow  the   dumping  the  backhoes let  slip with  few times  more  hauled  up. If  on the  sea bed?  Goes in  the  hopper and  wash.  Probably  see   major  equip upgrade in  the  diggers  next  season ’16 Bering  Gold. Just  2 geezers gone  fishin. Make  that  rich  geezers! ( zook, put)  8

BTW : Happy  Happy  74th  birthday ,  Paul! Job  well done my  friend . Find  a  pretty lady  to smack you one  and  another to grow  on! Don I

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Seeking no write off .  PT says big  time  legals  are  seeking  $ returns . Sounds  like Atzek’s pissed more again FPS  than us ! 8