Ann: Kibali South and Nizi Gold Projects Due Diligence Completed, page-286

Yes. True. I do not consider this a gold company until it starts selling gold. Newcrest is a gold company, northern star is a gold company. Vector is a gold focused junior explorer. Hopefully it will be a gold company in the near future - but right now it is not. Analysts, banks, regulators treat 'em differently. Gold and Dow don't matter. Vector need to get a deal signed. Get a feasibility out (or recycle AAs) and go from there. They have enough money to get to that point.