Ann: Bardoc Gold DFS Presentation, page-25

Hi JP
i understand your sentiment...in my views Bardoc will go below 7c in the near future...I just want to ask what your sentiment is on gold. As you predicted.. gold will be $2k plus year end....so Bardoc going from developer from producer would surely see it’s share price rerated quite drastically. The DFS was good and what management promised, so yes short term gold price might dip....but what does long term hold? We are betting that inflation will get out to hand, if that doesn’t happen the gold will decrease but if it happens then gold will skyrocket. or we could all wait for another black swan event... if your so bullish in silver long term, then why not gold? After all, silver follows gold.