That is a great report. People need to read it to really understand the woman behind or in front of our company. She may be unconventional, but she is very astute, as demonstrated by this quote from that article: "Hainey and other analysts give Witte credit for tremendous smarts. Royal Oak, like other gold companies, makes some of its profit by selling some product for future delivery, an elaborate gamble that requires astute forecasting of prices. Witte's record at wringing profit from those transactions, which involve from 10 percent to 25 percent of the company's produced gold, is matched only by American Barrick, Hainey says" She is also not afraid of hard work.

Royal Oaks did not work out, mainly because the price of gold did not work out. But this time around, she is working with a price of gold that will make her job much easier. She has also surrounded herself with some great people and that will help reduce risks as well.

More convinced than ever in CMM,

Glorieux