Further about Crocodile Gold (CRK-T), it has a market cap of $150 million after the impending offer from Luxor hit the media, has $50 million in cash, and over 5.30 million ounces of gold resources. And it is a producer in a safe jurisdiction, Australia, with a large pipeline of production under way. What's that mv/oz? Less than $20? Share price went up just over 42% today. Ike

"Crocodile Gold is a Canadian company with operating gold mines in the Northern Territory of Australia and a land position of over 3,300 square kilometres. Crocodile Gold is currently mining from the Mottrams and Princess Louise open pit mines and is developing the Cosmo underground mine. Ore is processed at the 2.4 million tonne per year Union Reefs Mill. Crocodile Gold has 3.175 million ounces of National Instrument 43-101 compliant measured and indicated mineral resources (51.85 million tonnes at an average grade of 1.9 g/t gold) and 2.14 million ounces of inferred mineral resources (36.35 million tonnes at an average grade of 1.8 g/t gold). The Company has an exploration program in place with a main focus on the Union Reefs Project, the Cosmo Mine and the Maud Creek Deposit."