who and why are they selling, page-18

hi guys, pinched this from an mml post, presentation from a us fund

http://www.usfunds.com/usgi/assets/File/12-318-FRANK_NY_HardAssetsV2.pdf?CFID=433153&CFTOKEN=50691979

things to take out of it for me,

average grade worldwide approx 1.5, big plus for myg.

cost of production and taxes increasing, our lowish cost big plus.

Not many explorers successfully make it to production, myg has defined a resource, further along to production (reduced costs due to infrastructure, mill etc).

There is a slide which shows the price of explorers going to producers, price increase occurs again when production gets closer, myg is less than a year away.

There are other interesting parts but will let you have a look for yourself.