gold price, page-18

Its not that it is cheap...it is really cheap considering that they are drilling on historical mines and are just delineating the huge ore bodies below. All infrastructure is around them and they sit adjacent to majors that have operating mines. You cannot get better than that....

As long as they delineate and get a good number of ounces, they will not need any capital costs to build as the mills and facilities are all around them. Majors are probably watching closely...especially since management are proven builders of mines and have brought wealth to their shareholders on previous plays.

Actually, i think someone is already accumulating knowing that. Management owns 22% of their company...that means their goals and rewards are aligned well with shareholders.

This will not be sitting at 25cps soon...