“They've already got a 7Moz @ 40g/t “ Old habits die hard. The...

“They've already got a 7Moz @ 40g/t “

Old habits die hard. The company has not report any sort of JORC resources, let alone 7Mozs.

As far as the falling Brazilian Real is concerned, other companies operating in Brazil, such as BDR, report that their profits are negatively sensitive to the falling Real, probably due to the carrying value of USD denominated debt.

Also a workers party (left wing) election victory in Oct could see foreign investors leave Brazil in droves with more accompanying falls in Brazilian Real and unpredictable economic effects. When inflation spirals out of control in troubled economies, currency controls are sometimes imposed to keep money from leaving the country. Esh