Ann: 111g/t gold amongst high grade results at Golden Crown, page-25

Well, I like the idea of a management with plenty of skin in the game and not many shares on issue trying to keep it that way by "bulk sampling" a handy whack of 8,000 tonnes of high-grade material.

They've prudently drilled it very closely because it's 'poddy', and though they've reported average gravity grade gold recovery of 63.4%, I understand the recoveries increase dramatically with grade. So news of these exceptional high-grade intercepts is good on several fronts.

Calling it 7-8g/t Au and looking for, say, 65% recoveries.(and remembering a 2g/t processing fee for gravity plant operator, AJ Ryan Investments Pty Ltd) - in the current gold price environment (AU$3,544/oz as I write), proceeds should fund plenty of follow-up work on Golden Crown, Calypso and Emu Egg, the Company's high priority, high-margin near-term prospects.

Won't be going cap-in-hand again to any brokers anytime soon ...and you'd assume plenty of good news-flow to follow.