RE:RE:RE:RE:RE:RE:RE:Summer Bulk Sample To Produce Revenue of $9 -13.5 Million ?You are correct that they will be starting regular operating production next June. So for accounting purposes, the company cannot recognize the sale of ounces recovered from the bulk sample this summer as revenue on the books. However, we all know the BS that regulators set so that a company cannot record the sale of ounces as revenue for accounting purpose even though for all practical purposes it is in fact cash flow from the sale of a product. Bulk sample sales are recorded as a cost reduction for accounting purposes. Sound weird right ? But that's how mining company accounting works. As a seasoned investor in small caps (over 40 years), I don't care what the accounting standards are for mining companies. To me, material bulk sample sales are basically the same as a mining company that is operating on a small scale basis. Cash out, Cash in. As far as the joker who is bringing up that the bulk sample that was conducted a few decades ago when the price of gold was around $300, well that is irrelevant. The process, cost and expected cash flow from the sale of gold recovered is different today. If you have any doubts as to the grade of the gold that will be recovered, that's fine. We will see what happens this summer. The company has stated that it expects to recover an average of 1 oz/ton from the material. I'm not the one coming up with pie in the sky figures. Check out the company's corporate presentation on the website, the recent podcasts and videos. The company has been consistently saying that it expects to recover that grade and there is even one reference to the possibility of the material grading as high as 3 ozs/ton. It will be very interesting to see what the average grade wil be from the 4,000 - 6,000 tons they are targeting to extract. Anything at 1 oz or better would be massive.