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Kgem

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Kgem

Re: Laminin2 post# 142

Monday, 05/14/2012 7:39:54 PM

Monday, May 14, 2012 7:39:54 PM

Post# of 53683
Laminin2, my increased valuation for SRGL and a shorter time frame is based on the likely desire by a major to buy out SRGL for the resources in the ground. Gold and silver are more and more difficult to find and to profitably mine. Therefore, any junior with proven and profitable deposits becomes a target for buyout.

Conversely, if we desire to wait for SRGL to prove out and start mining for valuations to increase, I suspect we would have a very long time to wait. Based on what I have read on Source Gold's own website, I believe the former is their game plan.


Kgem


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