Ann: High-Grade Gold at Frenchman's Reef - We, page-28

re: Ann: High-Grade Gold at Frenchman's R... Keep doing the research - you will see ORS have multiple ore streams coming online - wether it is profitable at lower POG - really do not know yet.

This is still in development phase - the feed from UML was very profitable - the feed from AYC - depends on if they can select from high grade veins - the grade is certainly there. They only need enough to meet cash burn, while other feeds are developed. They proved that they can buy time this way with UML.

Wether the other ore sources will be profitable all depends on Eastern Demand fo r Physical Gold - so far they seam to like it at these prices, but they are not stupid and will let if fall if they think it will.

One thing for sure - sentiment on Gold Stocks is NOT exactly over-bought.

will check out link later - thanks