Summarizing the risk factors...  1. High/unprofitable unit
production cost - If a tolling deal is consummated, wouldn't
that have a material impact on the cost/oz?  The answer is
obviously yes.  So, my question is do: A) You don't believe that
a tolling deal will be done?; or B) You simply don't believe
they can competetently implement a tolling deal and therefore
there will never be any reduction in production cost/oz...  2.
Future Environmental Liabilities - Can someone elaborate on the
nature and relative costs of these future costs?  To a certain
extent all production mining companies in the U.S. face these
issues.  How much more of any issue is this risk to VG?  What is
the NPV impact, or SWAG dollar cost?  3. Major Production Break
Down - More trouble with the plant or with mining operations.  A
read of the last five years suggests that these guys have
practically run into every conceivable brick wall imaginable. 
At a certain point, logic and probabilities argue that they
should be on the favorable sid