Ann: Successful Closing of Private Placement, page-62

Management has been methodical and I like the fact that they are thinking and talking the next step ahead ie production. Demonstrates a pretty high level of confidence if you ask me. And the management team are no rookies. Agree that this is still a spec. But I further like the fact that this has not been "hyped" on this forum. It's relatively unknown and thus there is no "pump" in the SP currently. The SP really hasn't run and thus i don't believe we are inflated in anticipation of drill results. Most of the SP action last year was following that of the sector. Drill results could be crapola, in which case 1.6-1.7c would be likely quite easily, if not lower. And of drill results are crap but LKO works out we are still a win. But at this point in time the company I believe has 3 catalysts to potentially rocket the SP. 1. Drilling results, and I am quietly confident. Probably the most critical event. 2. LKO result (I believe nothing factored into SP) 3. Gold resource potential. At this point in time I would consider gold a secondary objective for the company and a "last resort/ back up option" so to speak. IMO you don't get a much better risk reward play for your money right now.