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Re: risk on post# 52472

Tuesday, 01/03/2012 3:08:59 PM

Tuesday, January 03, 2012 3:08:59 PM

Post# of 101798
Yes, how do the concessions prove up is a huge factor in stock price. KGN (who btw way is in the immediate Sneyborhood in Ghana) is a great example even after one normalizes things for share float, etc.

They are sitting on 6.4 Billion proven gold reserves with like another 3 billion implied reserves. If my intel is correct, there is gold continunity between the two claims. This is what I learned and FWIW and this comes with every possible disclaimer ever written.

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