Ann: Drilling for a World Class Gold Discovery in, page-11

re: Ann: Drilling for a World Class Gold Disc... Nectar the basic fundamental reason for the current market turmoil and the subsequent economic collapse around the corner is debt. When it really unfolds credit markets won't have an expanse of cash to lend to speculative companies.

Companies like GOA will cop it just as hard as any other speculative stock because the market will price this in. Raising cash via placement will have its serious challenges as well.

Of course having a huge gold deposit is a great thing but we need the cash to develop the project. Gold companies already funded or producing will take off the other way.

People need to be aware that although this one may have a substantial resource estimate they may not get a serious return on their investment until after the debt crisis is over.