RE:RE:RE:RE:SG&A at IPTand the last point to make is with respect to Fred's reputation of cost savvy accountant. According to the legends, once Fred ordered muffins cut in half for one of the company meetings. Compared this epizode with the current extavagant G&A cost paid out from the two private placements that diluted existing shareholders 50 percent. The current G&A cost is more aligned with throwing wild bunga-bunga parties than running a sub 1 million oz silver mining operation.