Mr. Speaker, there are, I think, a number of elements in the proposal that warrant some careful review. Commenting on the specific element without consideration of some of the other elements contained in the proposed changes would not be fair to the overall proposal itself. For instance, there are indications of, perhaps, an elimination of the tax holiday that has been in place for some time. The proposal speaks to changing the rates to take advantage of the larger, more profitable, mining operations that are in existence now, or are coming into existence now, and making some attempt to marginalize any changes in the royalty rates to existing operations.
Having said that those are just some of the general comments that we have already passed on to the federal government and are unable, at this point, to comment further until our officials have provided us with some basis for further discussion and formulation for our position. Thank you.