high grade gold project, page-4

Your right on the money sdc 01.I would expect some sort of approach from SAR with regard to Great Western.They are after additional feedstock for their expanded THUNDERBOX operations and have recently acquired advanced tenements further to the south of Great Western.Price wise,it would be a little hard to say per resource ounce as there was 14 million of rehabilitation liabilities attached to them.Great Western has no such encumberances and is a ready to mine opportunity.My only wish is that another round of resource drilling be conducted to further expand the resource and hence its value. With regard to the newest acquisition,you cant find a better buy than that.Shallow,potentially high grade and ready to mine.My best guess it that Justin Virgin,given his experience in these areas,has been able to spot opportunities that have fallen under the radar of the larger players. POG in AUD. I see 1600 as a baseline figure and upwards from there.The AUD is not going to appreciate against the US dollar and the larger players around the world who have to express their earnings in US dollars,BARRICK as an example,have been struggling for some time now at the current price.Simply put from a supply perspective,the price of gold has to go up.This even in a toll milling arrangement augers well for TERRAINS,short and medium term prospects. Best wishes to all.