more deals, page-19

Ubid,

very happy to pick up some more options...they're way out of the money (that's okay), if gold spikes in the second half and these guys get funding and talk about reopening the mine in Peru they recently aquired, hello!

Something that I think some of us missed is the impact of the Huancay acquisition. The mine closed due to poor gold prices in the early 80's. Interestingly, much higher grade could be recovered from the mine using the Albion process - this could prove to be a very profitable operation at current prices. The original mine owners may have only been recovering 50%, what can the Albion do? 70, 80, 90%? Could prove to be a massive boon for the company once more data is in.

Just my thought for the day...