Paschal - READ their data! They have a published, JORC standard,...

Paschal - READ their data! They have a published, JORC standard, ASX released PROBABLE RESERVE of 330,000 ounces! That's 8 years production at their current 40,000 ounces a year, or 3 years production at their planned 100,000 ounces/year. They have two rigs running plus a third on order to convert resource to reserve by in-fill drilling.

Stop crapping on this company when you ignore the published facts. Your're not related to Pierpont are you???

This type of deposit will probably never have PROVED reserves before it's mined, as the grade continuity can only be proven by driving along the ore body, which is what they are doing.

The family has only about 15% of the company (READ the 2006 Annual Report - page 40, Top 20 shareholders - Estate of the late JJ Lynch plus his son John Francis Lynch plus whatever is held by other Lynches. Anyone NOT in the Top 20 holds less than 0.5% of the company. So what if the family bails out? They have to sell to someone, the sale has to be disclosed as significant holders or Directors transactions, and less than 15% of the company changes hands - hardly a controlling interest. And if they do sell, then the Board, about whom everyone seems to moan, will also go. Problem solved.

Whichever way you look at it, things can only get better.