In Australian 27/10/08 "Another emerging gold producer to watch...

In Australian 27/10/08 "Another emerging gold producer to watch is Cortona Resources (CRC). It will start getting a revenue stream next year when Barrick Gold starts mining Cortona's Wombola gold deposit near Kalgoorlie and paying the junior a royalty that will bring in a minimum $1.8 million at a gold price of $932/oz with provisions for higher payments if the yellow metal is commanding more than that.

Meanwhile, Cortona has reported some further good hits at Dargues Reef, part of the NSW portfolio bought from Moly Mines (MOL). One hole intersected 28.7m at 5.88 grams/tonne of gold and the company is optimistic it will be able to lift the present resource of 286,000oz of contained gold.

Moly started life as Hibernia Gold and had plans to revive the large Majors Creek gold field 60km west of Canberra which was mined from 1854 when 30,000 miners -- 20,000 of them Chinese -- extracted 1.25 million ounces of gold, but then it sold off the properties to Cortona when its focus shifted to molybdenum. Majors Creek was the largest alluvial gold field in NSW."
You all probably know this news but Uncles having a punt on this one as well as MXR and several other gold juniors hoping that one of them will turn into a 10 bagger once this hiccup in the market returns to normal......good luck...