Ann: OGC Announces First Quarter 2012 Results , page-6

Since a third of my portfolio is in OGC your comments are concerning, Missing gold targets is something that happens i.e. NCM, I don't think its going down the road like NAV however. The hills around Reefton are fulled with gold, when i was a kid i biked up and panned successfully,(in an area that they now permit) i'm confident lots more gold will be found. In 2013 if they mine 300k oz at cash cost $500 there will be $150 million cash coming in, even if gold is $1,000. The number improve greatly when the new mine starts.