Ann: Exploration success at Coyote Gold Mine , page-3

Charl,

I appreciate your positive views on Ground Rush and there is no doubt that GR is the future, however I do not think that we should write off Coyote just yet. There is a lot of confidence in Kavanagh and the deep surface drilling that commenced last week will confirm todays results and better define the optimal mine plan.

With the money tap loosened there will be a concerted effort at putting more spares in place so that the plant can operate reliably and optimally through the wet season.

Regardless of what you have the most confidence in with TAM, there is no reason why it should not hit a dollar by xmas - especially if the fiscal cliff moves the gold price to $2K.

It may be time to revisit your bet with petey.