I'm sorry, but the "its a trap" comment is just ill-informed...

I'm sorry, but the "its a trap" comment is just ill-informed rubbish. Gold is recoverable from refractrory ore at $700 to $800 per ounce cash costs. Alternatively, you can sell concentrate at around 90% gold spot price, in which case your cash costs might be below $250 per ounce. Further, 2.5m ounces have already been mined from the Manica region. Further, Ok Pan African was actively searching for Sulphide ore, but there exists interesting oxide targets - don't be surprised if TNV build up the oxide resource over the next 18 months. What more can you ask for a new gold company thats been around only one year? 3m oz! and my guess is they'll be at 4m oz or better in 18 months time with a mix of oxide and sulphide resource. This is a great story and Pan African seem to agree - they're taking shares in TNV. Dyor & mind the facts.