RE: RE: RE: RE: Interview with BRIGUS CEO....... Also concur. After reading/watching all the available interviews, presentations, and news releases from September, I doubt Brigus will buy back any of the streams. Some of the buybacks are set up where it can be for multiples of 1%; however, since this one has two different percentages to start and then decreases unevenly on the buyback, my guess is it is an all or nothing deal. That said, if Brigus can and does buyback a portion, I doubt it will be very much. Any small buyback would probably not be worth the effort and it certainly looks like they can better use their (now probably) less than $24 million cash. Even if Black Fox is cash flow positive by year end, Brigus will have lots of capital and ongoing expenses for another year, or longer, as they try to develop Grey Fox and add additional milling capability (somewhere). As far as investment, under $1 (US or Canada) Brigus looks like a worthwhile investement for maybe an add-on to any SAND/SSL core holding. Question: Is Brigus going to be able to self-finance Grey Fox or will they need to find additional financing? If more financing will be needed, it would make sense to do a small stream with Sandstorm. Several months ago the CEO indicated that they would buy back (don't recall whether it was some or all of) the possible gold stream. Now, it soulds like the 12% and10% for Black Fox and the Black Fox Extension are pretty much a given. I liked the chart on the recent presentation which clearly deliniated the areas. GL