TGR: What are some other prospect generators?

MB: One that's been a rock star for me is ATAC Resources Ltd. (TSX.V:ATC). ATAC is a junior miner exploring gold projects in the Yukon. In 2008, the company made a big discovery in the Rau Gold Project, Rau is part of the Rackla region. In early July, ATAC put out game-changing results: 82 meters at 4 g/t gold within an interval of 115 meters at 3.1 g/t. That really proves continuity on this project.

TGR: So, that's a 100m step-out hole from the original discovery hole that was found at Rackla in November 2010. Are there plans for infill drilling in the meantime?

MB: I'm heading up to Vancouver the end of this month to get the entire story. They have a lot of rigs on site, but I just don't know what their plans are. It's important for them to get a feel for the size of it.

Right now, I believe it's time to sit back and see which mining company or companies decide they need to own this project. I think ATAC will be the story that we go back to over the next 5 or 10 years and say, "Wow, what an amazing discovery all the way through its buy up."

TGR: With a market cap of over US$800M, it will have to be a pretty major player to buy out ATAC. Any idea who some suitors might be?

MB: I'm not sure who the suitor will be. I don't think you'll see somebody like Kinross Gold Corp. (TSX:K; NYSE:KGC) sneak in and buy ATAC for its current market value. I think you're going to see competition. And I'm hoping that it is north of US$2B. That would be pretty nice

http://www.theaureport.com/pub/na/10268