be positive, page-3

Thanks for all those Blacks, great hall of research reports.

The stand out graphic for me was the resource inventory of all the gold producers/explorers.

There aint too many choices available if you want to buy big inventories in Australia.

You have SBM then you have.......nothing else really.

Lahir is the most aggressive at the moment as it is looking to diversify. Will it have a crack at SBM? Probably not until its own share price recovers from the shocking hammering its had since it took over Equigold

Basically all the research papers return a NPV of about 60 cents based on projected earnings. However if you are buying ounces in the ground then higher valuations can be justified based on comparable companies.

So we basically have price targets of 60 cents over a year.

I reckon this will be shredded due to a surge in the gold price which cant be too far away.