What I think:

First of all, Northern Freegold is already district scale, and composed of numerous distinct deposits.On top of their Nucleus Zone, they have a lot of upside to look forward to already.

Secondly, Northern Tiger, the company North of us, has an excellent property but no money to explore it. Go back to drill results for Firestone Ventures in 2006/07 on SEDAR, and you'll see what I mean.

Third, We have a profitably operating copper mine with better than one gram/ton to the East of the newly staked properties (Capstone)

Fourth, we have a copper mine permitted and in the making to the east of our current properties (Western Copper).

Fifth, north of Northern Tiger is the Casino deposit. One of the largest untouched low grade copper deposits around. Next to it is a huge low grade tungsten deposit, With gold, I might add (Western Copper).

Sixth, go north of Casino, and you'll discover that a staking frenzy has been taking place over the last year, in the wake of the Underworld Resources discovery. Underworld has received approval to build a road into Thistle Creek, which will accelerate the exploration.

The Dublin Gulch (Victoria Gold) United Keno Hill Mines (Alexco) and Rau (Atac Resources) properties are not close, but on the same trend.

What we have is a very rich area of the territory, most of which has been underexplored, and none of which has been mined.

Is there gold between Northern Tiger and us? Well, we already know that Capstone is between us, and has better than one gram per ton in their copper.

Will we get much good news short term? Probably not. I find it a bit curious that the company did not refinance in November/December when gold prices were higher and they could easily sell flow-through shares. I guess they're better at prospecting than financing and promoting.

That's a bit of a broken record theme when it comes to junior miners, though.