This is a very important article when one reads between the lines and understands the imminent process that must occur. Deleveraging will come to the forfront, but also with that, the demand for gold. We have seen this starting several years ago, a great example was China and the Central Banks stock piling gold.

I think it is also important to think of the IMF and how deleveraging may affect it also, if it wants and needs to get the plan to work. If we are headed toward the gold standard, shouldn,t the IMF be backed by considerable gold? Shouldn,t they deleverage themselves? For this to work, wouldn,t it require compromise by all?

http://www.bloomberg.com/news/2012-10-09/imf-says-european-banks-may-have-to-sell-4-5-trillion-in-assets.html

This leads us to the POG and the importance of not only our Tesoro, but our whole portfolio of gold projects, close to 7 in all. With the POG steadily rising, the capacities of our other projects will expand also, if inflation is kept in check, like it must, for any salvation of the global economy to occur. Upon this, the value of this stock should be compoundly appreciable over the course, and definitely starting now, whether it looks like it today or not.

To jump to the Tesoro for a minute, even though drill results to date suggest that the gold is hard to find there, a huge deposit can be missed by a matter of feet or inches, depending on the luck and skill of the explo crew. In saying this, I believe that the Tesoro is huge and will be proven in time to be just that. My mind will never be changed on that considering all the historic data from the Tesoro and the immediate geographical area. If one thinks that most of the drilling has been concentrated to date away from the anomalies, shouldn,t this add to the possibility of actually hitting the mineralization responsible for the high chargeability anomalies in the future? All results since 2010 seem to be contradicting historic results prior to 2010, I am not incinuating anything here, but merely stating a fact that has been reinforced by opinions of several or more individuals closer to the industry than I. So, if we actually have a huge deposit there, maybe the IMF would express an interest as well? Not to mention the BRIC countries, as well as any other country for that matter, that could submit a bid on something that may be bigger than BOW,s calcs.

Just IMO and some thoughts,