re: quarterly
The gold production is good news because it means they can get at what is underneath, which, hopefully is the main game.
Of course, as pointed out there are the free Burey shares as well. Apart from the KAL uranium prospects is this from The Australian a couple of months ago that makes Burey very interesting - old news but worth pointing out again:
"AND still the IPOs come. In the wings is Burey Gold, which will be going to market on the basis of a gold project, Mansounia, in the West African nation of Guinea. This prospect has been languishing in the portfolio of Caspian Oil & Gas for more than 10 years from the days when that company was known as Leo Shield Exploration and then Afminex.
Caspian previously floated off Perseus Mining, which cherry-picked the best mineral assets in Ghana and Ivory Coast but passed on Mansounia as too hard, seeing it was in a joint venture with Gold Fields of South Africa. Since then, Gold Fields did some drilling and then pulled out.
Mansounia's main attraction, until a sizeable resource can be established, is being immediately south of the Kiniero gold mine where Montreal-based Semafo is producing 64,000oz this year at a cash cost of $US278/oz."
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
