Ann: Mauretania Discovery Exploration Update, page-3

Netsua - While that is very nice I don't think in anyway shape or from could be called the key, yes it should mean there is very little downside for the SP in the near future but given Emmerson aren't paying for the drilling expense for the next 4 years I am not sure that having cash in the bank (a position that hasn't changed for some time now) is the key!

This stock needs to demonstrate it can go into production in the near term (something that was predicted for about now 18 months ago) and to me all these results do is perpetuate the long standing status quo - the results are good enough to give us hope of something for the future but when we get there all we get is more results that give us hope of something for the future. Its like chasing a rainbow.

AS far as keys go this would be the one for me, for what it si worth "The thrust faults have dislocated the primary gold and were also instrumental in redistributing the overlying supergene gold into a more east-west orientation - which we plan to test in early 2016." If this turns out to be true (which can't be taken for granted given how long ago they "cracked the code") the possibility of a significant shallow, minable resource is very high.