up 48% in 2 days major rerate, page-32

One simple call to Wally could end all speculation.... but its more fun this way...

Sorry, your last post did nothing to change my mind.

from the annual report it says mining cost $294 an ounce and processing $209.

I think the mining cost for Touquoy west will blow out.

from the ATV_Touquoy_NI43-101 document (pg 46,47) on website.

"Six HQ diamond core holes, MR-10-151 to MR-10-156, were drilled within the Higgins Lawlor resource area, between existing holes and over a strike length of 175m. The results from this drilling including 22m (15m true width) at 1.0g/t Au from 50m depth down hole in MR-10-151 and 12m
(true width) at 1.5g/t from 39m depth down hole in MR-10-152 have confirmed the geological interpretation
and distribution of grades at Higgins and Lawlor."

So it seems the Tou West hole only needs to be 50m deep as opposed to the real mine up to 140m deep.

At this point I will be quiet...... I may indeed be wrong. I am not saying I think it will be mined, just that I have no strong argument that it wont be mined. :-)

good luck to all