junior explorers..., page-27

Hi Plough

Based on the criteria in your post, you may want to take a look at Kentor Gold if you have not already...though might be worth waiting a couple weeks as SP is likely to be volatile and erratic due to rights issue being in progress and it is a BIG one (3:5) so no doubt plenty of people selling to pay for their rights.

Country risk (Kyrgyzstan) the only issue imo though it is a significant one that needs to be considered closely by investors.

Key points:

- Money has been raised - once rights issue completed anyway (so no more dilution)
- Is in development phase
- Has a LESS than 1:1 strip ratio (would be hard to find lower)
- Copper credits to reduce the costs of gold production (gold production estimated to be at 70G oz per annum - thats gold only, not gold equivalent)
- Significant exploration upside as well as potential to acquire additional bolt on deposits cheaply (eg see recent Aktash acquisition which is not even factored into their feasibility).

And the other important criteria that is met is MD's track record...he was the mining engineer for Pan Australia's LAOS gold/copper prorphyry, which is exactly the same type of project as Kentor's - except the latter is higher grade though smaller at this stage.

The rest of the board is also extremely capable, including John Taylor who is the managing director of Outotec Australasia (and been with them 40 years), and Hugh McKinnon who actually resides in country and is the head of that country's internaltional business council and has significant relationships politically.

Oh and yeah, congrats (or commisserations?) on getting hitched :-)

Cdchi1