A "major" in terms of gold mining to me would be someone like Oceana Gold (ASX:OGC). Go have a look at all their "production and cost guidance" ann's. They are based on pin-cushion drilled JORC and very detailed mining plans. OGX has nothing of the sort AND can't make one. Therefore unlikely to be attractive to that sort of major.
Perhaps the major they are talking about is an unlisted South African entity. Who knows?
As for the gold is there and a reference to the Dec report (do we believe it?) well it might be but it's no good if you can't get it out of the ground. These goons have so far failed spectacularly.
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