Ann: Quarterly Activities Report and Appendix 5B, page-32

Agree. Gold price could make the $1.50 current target on stage 1 look conservative.
‘I’ve wondered if they would want more ground as well. I guess they have so much ground, ore bodies, targets and drilling to do it would want to be awesome or strategic ground to bother. Bc8 could drill their current land package and known resource areas for years, if not decades. They still have 10 other untested targets up north like redback and funnel web from a previous deal. Right now they are working towards production. A lot of people have big expectations for what they think their land is worth, and not everything is worth owning. Management have always bought super well. They Clearly love a bargain. Majestic/ Imperial and the mill are great examples of that. We might be due some results soon. Labs are running hot with lots of assays at the moment so it takes longer than it use to. Lots going on for the cats.