Ann: High Grade Gold at Majestic and Fingals Fortune, page-22

Saracen and NST merger makes sense. The larger mid caps are now getting together. They will save a lot of money and jam production up at record prices. I think any decent gold company wanting to grow will need to do this now. It is the quickest and safest way to get there on agreed terms.
The next couple to watch might be Gold Road and Silver lake. I think SLR might be a bit of a target while Gold Road might need to find a new play to grow. It is clear that the Kal area is the center of the gold market right now. BC8 is the 5th largest land holder with multiple open solid grade surface deposits surrounded by mills. They still have at least 10 more walk up targets to drill up north. No hurry when everything they currently have remains open. Rowes Find might put a rocket under this as well. That has some very high grade hits and
un-drilled along strike and at depth. They have holes like 6m x 34g/t from only 6m depth. They also had 10m x 10g/t and 2m x 28g/t.
I smell a solid run into xmas. All that for an $80m market cap with $10m in the bank.
The FES study and scoping studies are due within weeks. dyor