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Message: James West - The Only Defense Against Inflation Is Gold Equities

James West - The Only Defense Against Inflation Is Gold Equities

posted on Feb 18, 2009 04:28AM

http://seekingalpha.com/article/1211...

The part very important for ATW:

TGR: Speaking of near-term producers, do you know the ATW Gold Corp. (ATWGF.PK ) story?

JW: Sure do. They have two near-term or past-producing mines. They’re going into production March 1 on their Burnakura project, which I think is expected to produce 25,000 ounces this year , going up to 45,000 next year . That’s about as good as it gets and it’s in Australia, so also meets the political stability criteria. And ATW’s Gullewa project, also in Australia, is supposed to go back into production next year and start off at 100,000 ounces .

TGR: So ATW is a producer that also falls in the category of a junior that is a relatively safe investment but represents a good upside potential ?

JW: Absolutely, absolutely. 43-101-compliant reserves, permitted near-term facilities, all essentially turnkey mining operations.

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