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Message: Goodwin Lake the current jewel in our exploration set

Goodwin Lake the current jewel in our exploration set

posted on Jul 08, 2008 07:52AM

I believe that the company knows that we investors have waited far longer for the PA than we had been expecting to. So they put out a press release because it's been too long since any news was put out, and juniors live and die by news. What I find interesting and positive is that they chose to put out the Clan Lake and Big Sky results, and not any Goodwin Lake results.

My theory is that Clan and Goodwin, each with a drill operating, will be producing drill results periodically but that the big strike payoff is higher for Goodwin Lake, and it's proximity to the mine site makes any news of it's results relate materially to the PA and the resource as they move Goodwin Lake closer to being considered for one day adding to the resource, while Clan Lake and Big Sky are more exploration potential at this time.

So if the sequence is now Clan Lake results, PA, Goodwin Lake results, and finally Resource Update for Ormsby/Bruce all to take place between July 18 and say the end of August, then perhaps as tough as the waiting has been, our good days are going to start off soon.

So I'll buy more shares this week.

Good volume today says that others may share this opinion.


SKELEG



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