randgold and grades - implications, page-29

PS Forget to mention Liberia.

IMAGINE this scenario.

Bgs prove up a sizeable resource 25ks from Hummingbirds 4.2 mill oz deposit.

Hummingbird mine and plant capex approx 250 mill.

Sprott and Assoc. hold 5% of HB and 40% of BGS.

Sprott are financiers for mining projects.

Instead of building 2 operating mines, one large operating mine is financed by Sprott for the 2 companys all while holding substantial shareholdings in both.

Considering HB is the first significant mover in Liberia and BGS are a mere 25ks away it would seem prudent to spread both the risk and reward for all parties.

Anyways as I highlighted IMAGINE.

Good luck