Was able to listen in on a conversation yesterday and here is the 'jist':

Here we go:

- confed lake gold project has about $600 million confirmed, looking for more to justify cost oif mine, but only 4 kms or so from all season road and electrical

- buying more property next to a few other companies that have done well lately (cannot remember the names)

- left RoF due to cost ($450/meter vs $100/meter for gold)

- focusing solely on gold due to increase overseas interest (investors did not know if a gold play or base metals)

- RoF assests will be spun off within a year to McFaulds Resources-V (I think)

- once another big hit in rof, he'll be back in a heart beat, but for not, cannot justify cost -$450 vs $100

- he still cannot believe Nemis and Harvey 'kick out of NOT',

- Rencore doing some good stuff, according to him

- he also believes some good gold target in RoF

- since I have lost soo much on this 1, I am holding

GLTA

Trace