Presentation ,
Richard Gray spoke on:
Cononish and of the strong possibility of LOM extension with the mine being operational for 10, 12 or 14 years.
On the goals of finding Cononish 2, 3 and 4 etc etc .
Finance discussions are ongoing and hope to be concluded in 1 to 2 months.
Structural Geology survey should be with us very soon .
The problem Scotgold has is that there is actually to much gold in the area and the structural geology survey will help them with identifying the next possible Cononish's and help them understand the geology better , there is gold in almost every stream in the area and there are a lot of streams , many rock chip samples are over 100g/tAu .
Confident that the shortfall will be placed .
In general Richard was upbeat and seemed confident but then again he does seem to have a habit of delivering the goods
SGZ Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
