Nixon Fork Gold Mine Hosts Turn Key Mine Operation

NI 43-101 indicated resource of 128,500 ounces and inferred 74,600 ounces of gold

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Message: Re: Impressive Drill Results
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Jun 16, 2010 11:02AM
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Jun 16, 2010 03:33PM

I am also very impressed with the reported grades but we all have to remember that these are based on an analysis of holes drilled by the previous operator (as I read the NR). The share price should pick up and the volume will increase only if the current team is able to produce similar results from this summer's drilling program. I have taken a positon in this stock because I feel that if the summer drilling program produces holes that are measured in ounces this stock price will jump into dollars rather than cents.

I am also enamored with the prospective of having a fully permitted mine. That would put FAU on the very fast track to production. IMHO, producers are going to pay off big in this stage of the gold bull market.

- panamax

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