David Rosenberg one of the worlds most famous economists and strategists (Toronto based, he works for Gluskin Sheff) has advised buying gold companies with "proven and probable" reserves. Let's see if Lori reports heavy concentrations in one or more of the anomalies does that mean a buyer (hopefully a Newmont or another major) extrapolates probable for the rest of the anomalies and property? My answer is a resounding "yes" as speculation then turns to "probable". You've proven it's gold and you've proven the concentrations in one anomaly (now the buyer just evaluates the Quantec reports and images as well as any other due diligence it requires and it all falls into place)! That starts the bidding in my opinion. Sell it to them based on "proven and probable"! $200/share equivalent is Ok by me. Lori can leave an extra $100/share equivalent for the buyer in exchange for a quick sale now. By the way, has any one noticed that the price is rising as we get nearer to the next round of results? Heavy future proven and we are "Golden". IMO. Sorry for the unbridled enthusiasm, but this I think, is getting closer to what we have all been waiting for. Don't forget we need consistent reports to get to the proven stage, not just one drilling report. Don't anyone panic if the next report isn't quite as good as we are hoping for. The majors are quite smart and they will require more than one drilling report of "proven" to offer us a price based on probable as well. I don't know about the rest of you guys and gals but I'll take $200/share equivalent without batting an eye. JW
