any thoughts on the quarterly report

We have reiteration of the 60% share taken by LCY and an overview of the gold assets.

Interesting details provided>

Anglo Saxon Resource progression towards exploitation is an important step.

The skills gained from developing Anglo will assist the development of other priority gold projects at Deep South, Yundamindera – Coffey Bore, and Edjudina – Triumph should viable resources be identified during the aggressive exploration activities planned to commence in early 2012.

A brief review of Mt Bevan's resources and the JV with LCY.

The major focus of this report is GOLD GOLD GOLD. Once the new company is incorporated it appears will will see some good results.

It will be interesting to see what is going to happen with Mt Bevan. When it is going into production and what results will be expected. The prospects all look good at this time.....but a T/O would throw the fox in the hen house.