Gabriel Resources Ltd. (GBU)

[Frank Pembleton]

My best guess...lies withing Newmont and what they've been able to do in Turkey. They've been successful at permitting where others haven't in a country that hasn't been very friendly towards mining. Anyway, I'm not so sure if the cyanide destruction system used at the Ovacik mine would work at the grand scale of what Gabriel wants to build, but this would be a great property at a much smaller scale for a large well capitalised firm with would have essentially unlimited feed stock ... history shows they'd get it permitted and they could work around the other issues over time.


http://www.newmont.com/en/pdf/infohandbook/Hbk2002-OpsOther.pdf