The guys with the real inside data would not want to blab it all on a bullboard. I did hear from a geologist who would know, that Kaminak would be a mine. It is just a question of how many ounces. If they prove up 4 million oz, they would be valued at about $400 million, assuming a value of $100 per oz. The value per oz seems to go up the bigger and richer the deposit. Red Back got almost $1000 per oz for no better grade than Kam. Further drilling more than doubled the resource.

I am hoping for a resource estimate of over 4 million oz that would be valued at more than $100 per oz and closer to $200 per oz. That would put us at $8-9 per share.

When the drills find more gold, be happy.

Bob