Ann: Orelia Soars to 1.1 Million Ounces of Gold, page-49

No idea. Im personally mostly anticipating the reserves statement. However the deeper holes being drilled at Orelia have massive short term upside potential if they deliver further gold at depth.

Couple new research reports out on EAR today and yesterday by the way, BW Equities and Euroz. Former has SP target of 41c, latter 30c. Interestingly the resrouces analyst at BW has estimated that there will be 500-550k oz mineable in the pit, which is in the upper half of the reserve range I 'guessed' in an earlier post.

Both SP targets have included a huge discount fact for the fact that company is not in production yet. Euroz used a 60% discount factor, so very conservative considering they already have a cheap to refurb plant.

Cdchi1