IMO there is not enough information in this PR to make this move our share price. I'm sure this will be followed up with a few PR's concerning the reserve potential in this property. I think it was just enough though to tell the loyal followers that now is the time to accumulate and that this is really going to happen. This project will add a whole new dimension to the company. We will be even more international. Successful reserves identified in the U.S., potential reserves in Canada, proven reserves in South Africa, and now proven potential in Mexico. This will expand us into more diverse minerals rather then just gold. This was a very smart move from management. And from what I can tell we are getting a 50% interest for 1M shares which equates to $300,000 at the current price. Of course we have to promise to spend so much on exploration over the next year, but that is a given if we want to produce revenue. That is dirt cheap for this property. Wits Basin alone will end up costing $4.6M to purchase that property and it is quite a bit less land, but does have a proven reserve and a state of the art water treatment facility. Continue to accumulate at these levels as we shall soon see over $0.40 again. IMO.
