The Brains Trust, page-177

Thanks, you're welcome.

Haha regarding sending NST on the acquisition trail, but you might have misread that part of my post. The average $500 per oz cost of acquisition is a worldwide average of what is being paid by miners acquiring other goldies. It is not what NST would pay. In fact, I point out that NST management is very astute and has paid much less than that average for it's acquisitions........ much much less. Additionally, the Board continues to sit on it's cash stash until a good acquisition comes forth at a decent bargain. In the interim, the Board's capital management plan is to reinvest cash back into it's organic growth plan and continue to reward shareholders with return of capital via divvies each year and the occasional special divvy.

Good luck to both you and your father, but IMHO NST fits the bill nicely for SMSF if their investment plan intends to include a goldie in the portfolio.

Cheers