finding support, page-21

Well Granger consider me the loony left until the USD falls out of bed, then I'll be Nostradamus, contrary behavious suits my psyche- No point in hedging less than 1/3 if the dollar goes against you. At present the company is profitable on cash flow, can reasonably expect profit per oz to increase, and has huge potential arrangements including agreements with landowners in major gold areas including the area of nz WHICH PRODUCED THE MOST GOLD DURING THE 1860-1890 PERIOD. These are not JORC reserves, but represent future prospects for the company.