We pretty much know that TMM will be reporting $48M in revenues in quarter 1 based on 28,642 ounces of gold and 16,000 ounces of silver sold. Allowing for a 10% increase in expenses we are looking at $27M in expenses. This would bring a pe-tax profit of $21M and an after tax profit of $14M or .10 per share. This compares to a profit of $4.8M or .03 per share in quarter 1 of last year. With gold at $1,470 revenues would drop to $42.5M and profits would drop to $15.5M pretax and $10.5M aftertax or .07 per share based on this same production in quarter 2. We should hear soon as to whether the company will pay off the Sprott loan.