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Ann: Quarterly Activities report 30 September 200, page-20

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  1. 1,200 Posts.
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    re: Ann: Quarterly Activities report 30 Septe... Yeah, I'm getting ready for a little top up whilst this weakness lasts in readiness for some of those "mind-blowing grades" which got me interested in Tennant Creek, and Juno in particular, over two years ago.

    Gold getting taken down a bit lately will cause some to give up their positions just a bit too soon imo, but given the falling AUD last night we still have around AUD 1150 an ounce, which at the estimated costs, even if they are a bit optimistic, are still going to be excellent margins on this gold deposit.

    If management keep progressing things at Tennant Creek, and Tanami, then that fear of this project "going nowhere" will be dispelled and EXM will end up being rated properly for those million or so high grade shallow ounces.

 
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