Ann: Randalls Gold Project Feasibility Study , page-39

You may be right in terms of the 'conservatism' attributed to the report itself but the general approach to mining the discovery is very conservative and I think a number of people are commenting on that. Ultimately though I don't think any astute investor is going to make a buy/sell decision based on a diffierence in opinoin as to future POG. I suspect most sophisticated investors would redo the calculations at $1200 and then make a determination as to whether the investment made sense.

Although it is good to be able to point to positive or negative issues to substantiate an overall point of view that one already holds. After all that is what makes the market work. If we all agreed then the share market wouldn't even be a viable concept.

Cheers LS