TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Message: Re: Another Write-up
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Dec 27, 2011 01:16PM

Thank you for posting that Grizfish. It's all good, except that this line made me laugh out loud:

“We have some land up in the Beardmore-Geraldton area, but by and large our focus now is on the Magino Project,” ...

That "some land", now spoken of as a distant afterthought, was what drew me to this company, as well as most others who post here. Ah, when I think back on the lively discussions we had on this Board about "that land", never did any of us imagine it would be so quickly returned to the pastureland for moose it once was, and that the Beardmore Hotel of Ill Repute would not see the light of a PEA!

As to the rest, of course we have to plan as if Magino will be brought into production by ourselves. As an investment right now, however, the quickest return will come through a takeover bid. It will be interesting to see if that happens this year. If it does not, I suspect our share price will continue to increase up until the release of the Full Feasibility, maybe a little beyond, but for sure will fall back down between then and the time it takes for mine commissioning.

Of course, exciting new discoveries can change all of that in an instant.

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