Hi Oldcodger and all,You raised some interesting points and a TU...

Hi Oldcodger and all,

You raised some interesting points and a TU from me!

It is to be hoped that we have at last seen the bottom for the UML share price. If this is proven to be the case then I would have to say that the recent move by LionGold would appear to me at least the work of pure genius!

Their extremely well timed entry in to UML should assure them at least halfway to their hands on target of 200,000 ounce production by 2014.

Now between Uncle Ben and the FED printing money out of fresh air at the rate of $85 Billion per month and Japan showing him how it should be done. The continuance of the zero interest policies and the circus that we know as Europe, as well as the possibility of some Middle East Black Swan event maybe by the end of next finical year (June 2014) we may all look like geniuses!

Cheers and very best regards: Andy

“The Group aims to become a global gold producer and is initially targeting minimum gold resources of 10 million ounces, reserves of 2 million ounces and annual production of 200,000 ounces by 2014. Acquisition prospects will have scalable resources with scope for rapid enhancement. Targets include mining companies and projects in an advanced stage of development or a nascent stage of production across a range of geographies. The intention behind this selective approach is to unlock asset value while building out the gold business.”

http://www.liongoldcorp.com/about-profile.html


http://www.liongoldcorp.com/operation-unity-mining.html