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Bob22701

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Bob22701

Re: None

Thursday, 07/14/2011 9:37:47 AM

Thursday, July 14, 2011 9:37:47 AM

Post# of 67010
The perfect storm!

The PR this morning points to steady progress towards getting permit approval and ultimately starting up the mill.

Due to my expectations of a continued increase in the price of gold, I feel that the following short-term PPS thresholds are possible:

1. Permit is awarded - .02
2. Mill is activated - .03
3. Mill starts processing ore from CGFIA mines - .05+

Based on current timetables all three events are possible by the end of the year.

Go CGFIA

GLTA
Bob

Two wrongs don't make a right. But, three lefts do!

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