Ann: Diggers & Dealers Presentation, page-22

Great analysis, thanks Seth.

Yes, I bought BGL when it was Draig, and still hold, with an average price of about 4 cents now, and I'll probably add some more. I like the work of Parsons, and did very well over the years out of Gryphon.

A merger of BGL and EAR would be good (for all of us), but probably won't happen unfortunately.

These are medium term investments though, given the price of gold and the strength of the USA economy. Gold probably won't go up much over the next 3 to 5 years.

Gw