Ann: Becoming a substantial holder , page-14

goarmy

Thanks for sharing. It would be great if they could find a lot more gold around their current operations in Brazil, especially since water for their plant is not an issue. Who know, perhaps this could become a 1-2 million ounce resource and 100,000 ounce pa operation. This would really generate some great profits to fund expansion elswhere.

If we add the potential from the Peru project then 150,000-180,000 ounce production per annum in 2013 is possible, and would make MUN's current share price a gift. The main problem in Peru seems to be a lack of water source near the mine.

loki