barrick watching idc, page-5

Dear TCF,

I understand your proposition - The world currently knows what the past & current drilling results indicate and have valued the current SP accordingly....
However at presnt the World DOES NOT know what the total resources actually contained in Mt Kare are as it hasn't been anwhere near fully explored.
With the utmost respect, you seem to imply the current resource is likley to be the final resource...
Believe that at your own peril cobber.
People can either invest, punt or trade at this speculative end of the market...
It's quite clear which camp you are in.
Good luck with finding another suitable trading stock

PS: Large hedge funds have beeen prepared to bear the lion's share of the $70M spend to date, which usually means they expect a substantial return on what is to date a speculative investment. If and until the large hedge funds bail, this little baby is destined to grow into a mountain of a man within 3 to 5 yrs...Traders will ramp & down ramp at various stages, as that is what they do to create "Trading" opportunities from the sheep.