Ann: Further coarse gold in bulk sampling at Loudens Patch, page-170

I got out today.
My instinct was saying to get out - but I would not let myself get out without a “logical reason”

This is what I came up with below (and perhaps it’s how the market is seeing it as well)

- End of the year - Resource of 2M ounce’s X  $45 per ounce is a fair value OR Market Cap of 90M
- now divided by how many shares?
- well we just raised 6m for 60Mil shares 
- so to pay for Indee (and maybe some more drilling to help hit 2mil ounces) - Say 15Mil or 150mil shares
- Added the 150mil shares to the current 425 mil shares.
- Divided the 90M market Cap by the 575mil shares
= 6 to 6.5 cents per share at the end of the year all said and done - hitting our targets of 2m ounces.

Dont take as investment advice and DYOR as anything can happen.

Good luck to all.