Ann: Lake Carey Gold Resource Nears 1 Million Oz Milestone, page-2

Great to see that the Gold reserves are increasing, as a shareholder what I would prefer to see is not an increase in reserves but a path forward by the management on how to monetarise these reserves and start increasing the share price, and horror of suggestions start putting some dividends to the long suffering shareholders.

No point in my humble opinion of continuing to announce increasing gold reserves if there’s no firm and cost effective structure to get it out of the ground, with the Gold price increasing now is the time to do something, however who’s to say if by the time a plan is put in place gold might be lower.

My fear is that Matsa is an ultimately an exploration company and have not the management experience or the structure/funds to convert to a mining company.

Time to stop exploring, time to get the Gold out of the ground.