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Re: Simon Big Daddy post# 42055

Wednesday, 06/08/2011 5:04:51 PM

Wednesday, June 08, 2011 5:04:51 PM

Post# of 102667
Many good points there Big Daddy however Basin in our crown jewel and they need to do a JV for this. In my opinion we all know the gold is there and now is the time to strike.

Heres what I'm thinking.........................................

- 200-300 million dollar JV agreement with a major minor

- Buyback and retirement of 250 million shares.

Then let the quartley results speak for itself as there are billions of dollars of gold in the ground to bring to the market. However if they do find a need for additional funds heres what they can do.

- Issue 5 to 10 million preferred shares with a guaranteed yearly return of 10%. Its a no brainer in my book.

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