Ann: Half Yearly Report and Accounts , page-7

I have no concerns mate. What i meant was good things to come.
As for being undervalued, i agree. Although the number of shares have gone up we have 198,000 in total resources now with inground value of almost $350A million inground value. If you just want to use GTS its just under $160A million inground value. If we use just 15% of that for a share price its just over 1.3c per share.

So Yes IMHO Pacrim is way undervalue and will be even more undervalued if it stays close to here as i believe Kelly will be a ripper. Looking forward to results say next month and results from other areas in the coming qtrs.

On our way to a 1 million ounce + resource IMHO.
It will take some time obviously but it will be good to look back and say I bought under 1c.


My ops only.


Scorp