Moreover, management has announced its plan to double gold resource base in next two years through more exploration and development on existing projects. Not only the company has a strong management team and a compelling asset base, the company also has low financial risk because of its partnership with senior miners (Teck Cominco in Turkey and Newmont in Nevada); all three factors are crucial for a junior explorer's success. The company could be an attractive takeover target or advance to become a producer to capitalize on the commodity market boom. One risk is that, all the existing resource data are initial resource estimates; feasibility study is needed for a true evaluation of its assets. The company is indeed advancing these projects to pre-feasibility study, the first step in economic evaluation of resources; it will take some time, and any positive results will be near-term share price catalysts.