Drilling will always occur. I hope you dont die before they mine as i believe they will be mining next year. Atleast constructing site to mine. I did say previously they should be by June 30 2012, but could be early to mid 2013. As long as they give the go ahead during the first or second qtr next year.Could be earlier. The next 6mths will shape this company IMO. Mining GTS and Kelly together is what i think will happen. Will be more viable that way. Thats why they want to get Kelly JORC first IMO. Just think if Kelly comes up with around 200,000 ounces and GTS goes up a tad to 120,000 for starters with both, they could mine say 25,000 to 35,000 ounces p/a for half a dozen years and maybe increase once production is running smoothly. All depends on ore reserve (measured ore) for start up. Most the gold is quite shallow so i think its still very much a goer. I know its a pain to wait but thats the mining game. Takes many years to get to the first pour. Anyone with lots of patience should be rewarded. If you dont believe and cant wait thats ok but i'd hate for anyone who has held for a while to give up and then see PRE produce. The price hasa been punished so much and the only way is up. Cant be hurt much more than it has. I also expect to see the majority of the oppies to be converted up until the 31 Dec 2011 expiry date. Get Kelly JORCD and we are definately going to move very positively.
All my opinions only.
Scorp
PRE Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held
