Inferred resources mean nothing. I admit that it is a commonly...

Inferred resources mean nothing.

I admit that it is a commonly used statistic, and therefore relevant but at the moment the actual RESERVE is much less.

We all know what happened to BMA's RESERVE at Twin Hills....let alone the INFERRED resource.

But...I don't want to sound too negative. JUst highlighting the need to put some perspective and context around this project. Gold One is effectively a company that will have a very small, short-life gold mine (8 years) and a swag of prospective land it will look to exploit with funds generated (I assume) from the Witwatersrand mine.

On a positive note, shareholders have a fresh reason for hope and management have done well to use their extensive network in the industry to identify an oppotunity on behalf of BMO shareholders. There are a hundred mining stories out there with "potential" and "opportunity", and hopefully BMO management are able to deliver one for us in the same vein as O'Keefe's other little diamond: Riversdale Mining.

Good luck to holders.

Coop