TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Something coming..

Although I would love some good news, the recent gap up doesn't come with any guarantees. I'm sure we've this type of momemtum before (anyone remember Cariboo?), so keep your expectations reasonable. It could take a few more years yet before the Golden Mile reveals all of its secrets.

IMO, really good news (that would bode well for the sp) would include:

  • the discovery of significant high grades at depth, (this would change the current model as well as Joe Investor's current opinion that Hercules is a shallow deposit)
  • the discovery of more high grade shoots e.g. similar to, or better than, the central Golden Mile. Maybe under the Golden Pond or further up towards Sage.
  • a NI 43-01 report indicating proven reserves of over 2 million ozs.
  • the discovery of significant high grades at another project.

It's important to keep in mind that there isn't a treasure map that points to the mother lode; the company has to find it on its own. I am confident that the company is putting forth its best effort in exploring the property. I also believe that the company is doing the right thing by continuing to drill the sh!t out the central GM. This is the starting point at defining a resource; the numbers will only get better from then on.

Nothing to do now except wait and see.

Good luck!

Sam

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