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: Between now and March 2010...
4
Oct 01, 2009 08:55AM

I had a long discussion with Brian at the show and mentioned the frustration at the lack of any news. I suggested even a monthly progress report would satisfy investors but suggested the complete lack of news to a new investor is not a pretty thought. He concurred and would think out the thought.

On more drilling of the GM, it was reported that the desire is to define the GM with step out holes and this would complete by years end so they can move forward with the 43-101. I received the definate impression they are not looking for hot holes this Fall in the GM, but to finish the 43-101 chapter so they can proceed with the resource estimate and that in turn allows them to start the feasability study. He implied that there was a series of steps one after another towards the goal of opening of a mine. They have to go go down this road and if the journey gets a major to bite then it will have succeeded and if no interest by a major then they will have moved the property along to a further stage in the development road. The short term (March 20101) goal is to get the 43-101 done and the expectation of an increased SP that hopefully will follow.

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Oct 01, 2009 10:30AM
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tau
Oct 01, 2009 11:51AM
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Oct 01, 2009 01:49PM
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