Unexciting Updated Presentation but excellent Exploration Update, covering a large array of properties and offering, for the first time, an overview of the Argentinean Portfolio.

As far as the LCC / CCD Francisco I & II, I subscribe to the following “Management Discussion”:

“The 50% owned Francisco I and II properties adjoin Taca Taca to the west and this location may present a value opportunity with low-geological risk.  Taca Taca's mine  development  is  in  the  planning  stage  and  the  soon  to  be published NI 43-101 Technical Report is expected to address certain issues not previously addressed. These may include the most economic and environmentally best locations for the mining and milling complex and identify areas close-by as locations for a low-grade a stock pile, overburden, waste rock and a permanent tailings storage area. The technical  report  may  also  address  permitting  and  a  project  evaluation  analysis  (PEA).  There  is  a  large  volume  of material  to  be  moved  from  the  open  pit  to  other  areas  over  the  life  of  the  mine.  The location and cost of the infrastructure can materially affect the economics of the project, its present value and its internal rate of return (IRR). The infrastructure configuration and respective locations may need to be as close as possible to the proposed Taca Taca open pit.”

Let's just put another scenario in place (but I have no evidence about it)... Mainly for the fun of it...

LCC PEA was ready in March 2013 (as expected) but contained references to mining infrastructure located on Francisco. Since LCC has only 50% of the Claims, they requested an update of this PEA with mining infrastructure located on their Claims (100%)...