Oidon Company, Ltd. (OIDN)

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From their website when gold was at 800 bucks. Well it's way over that now. Took a small poistion and will wait to here about the survey. GLTA. Wish I new the dumb A/S. :)

STARTEGY:

Property Evaluation Every property is evaluated on the basis of the potential for hosting probable reserves, and the process required to prove up those reserves, with the aim of eventually becoming a producing mine.

Logistics, geology, metallurgy, engineering, environmental and permitting issues all affect the prospective feasibility of each property and must be considered carefully.

Our management team evaluates each of these factors in concert with our industry consultants. By subjecting prospective properties to a rigorous preliminary evaluation, the company can seek to minimize the time, effort and fiscal expenditures while maximizing results.


Develop Reserves Through Exploration. With the price of gold firmly above $800 per ounce junior exploration companies can provide an attractive investment opportunity. Finding and proving up potential reserves through systematic testing, surveying, sampling and ultimately exploratory drilling has increasingly become the roll of the junior mining company.