via Mining.com - Neil Adshead

One article I found myself reading a couple of times was this one on mining.com. Dr. Neil Adshead was recently hired by Sprott to analyze gold mining prospects.

"Dr. Neil Adshead joined Sprott Asset Management LP in January 2012. Prior to working at Sprott, Neil was a senior mining analyst for more than seven years at Passport Capital LLC, a San Francisco-based global investment firm. Previously, Neil spent ten years at Placer Dome subsidiaries. He received his Ph.D. in Economic Geology from James Cook University of North Queensland, Australia, in the mid-1990s."

He had worked at one time for Placer Dome. The Komis deposit is a cast-off from Placer Dome in the 1980's. You might not know it from reading the year end report of GBN.V, but the possibility of gold deposited in Rhyolite-Andesite contacts was something Placer rejected and moved on.

They were simply drilling in the wrong direction, the gold was in the Rhyolite-Andesite contacts after all. The latest information we have from GBN.V is that mining was halted because of poor grade controls. This flies in the face of previous information posted December, 2012.

But of course, the dog ate my breakfast on the facts.

http://www.mining.com/web/neil-adshead-ph-d-says-some-mining-stocks-are-sitting-ducks/

GBN.V not listed amongst site visits on the Sprott web page. Since there are no off-balance sheet arrangements and none proposed, and that Sprott has settled their equity swaps with TD Securities in the last year, you might expect that Sprott might list GBN.V as part of their site visits:

http://sprottglobal.com/natural-resource-investing/site-visits/?albumId=1284

-F6