Ann: St George Secures Over $6 Million-SGQ.AX, page-6

Hello Your Dudleyness,

Even though I've done Economics and Finance for the Mining Industry, I found it boring and was never interested in bean counting type of analysis, having said that, yes I think your number crunching on this exercise is very much to the mark. I suspect however that the value of the shares you calculated will be very temporary and change drastically if the results of the current infill drilling over the 3.5 Km and possibly beyond reveal spectacular values like the ones intersected at these shallow depths to date. I also suspect that it won't be long before a JORC able ( AusIMM will shoot me down in flames for conjuring such a Philistine term, but I think you know what I mean) resource of some sort will need to be calculated. Not to mention the imminent results that will flow from the other prospects.

Big Days Ahead For SGQ!

Cheers,
helmenesh