V.THO, who are spending $326 million on their silver mine and employing 500 locals when completed, it is very encouraging considering they are located only miles from the GDX ground. They are expecting their permits before year end and IMO this bodes well for our company.

If you are invested or are thinking of investing, I would suggest you go to THO website and see the pictures of their development and exactly what they are risking in good faith on the Quatemala government granting the required permits.