Ann: Kalamazoo completes sale of WA Gold Project for $7.0 million, page-4

Company should put out several releases summarising prior work, there's been a bit.

1 - Alluvial exploitation at Castlemaine

2 - Previous mining operation at Wattle Gully

3 - Exploration since the closure of the mine, including that managed by Wess Edgar (chief geologist at Kirkland Lake) and the conclusions / resource estimate prior 

This information is not known by the market, market is too lazy to look, with persistence in educating market on these points, this should give us a $15m MC base, I believe.

Before wild cat drilling there needs to be first a strategy to reach approx $20-30m of cash which is the kind of money you need to do the exploration properly.

So first - 

1 - Firm up previous resource estimate / met (Which was signed off by WE) (minimal additional drilling required)

2 - Work on a tolling option or JV for existing resource (there are a number of options)

This should get us in place to explore properly, and just having the cash and a good property will give us a good valuation.  (This is time consuming but worth it).

Additionally there are people holding onto projects in the area who are on the cusp of liquidation that we can pick up, so hanging onto cash rather than drilling a sheet load of holes will benefit us greatly, we can pick up some real bargains

In the meantime, KL and Catalyst should keep the interest in the district growing, it will not stop, Fosterville will get better and better and the guy running CYL is probably a genius, watch him go.

Thats my 2c.

I haven't spoken to Luke in ages, but he seems extremely commercial and smart, so whatever the plan is I want to be in the vehicle and "share in the upside".

This is not a quick ride, so piss off if you are impatient.