could this be true, page-6

Yep,

I'm in for another 500K shares at these prices.

Show me where else you can buy resource ounces for $5?

I'll be surprised if one of the bigger Noresman located gold miners aren't also thinking it its a cheap 1,400,000 ounce acquistion but then again I dont think the corner stone investor from the US is likely to sell.

Ounces in the ground is the name of this game. I'd like to see KAL farm out its Nickel ground and only spend its money on growing the gold inventory.

Plenty of good regional drill targets that need attention.

They had there go at drilling the obvious Nickel targets and they come up empty (almost). Time to farm out I reckon. Stick to your strong suite I say. 1,400,000 ounces is definately their strong suite.

Apart from drilling gold targets they should progress the feasibility work but dont get attached to the notion of mining it until gold is well past $US1,200 oz.

Ounces in the ground against a rising gold price is the name of the game.