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DAC64

12/18/12 1:45 AM

#8554 RE: Gregory_ #8553

I expect we will never know if we have a deposit of 30M oz.

If we knew there were 30 million ounces, we would not be buying it for 11 cents. You are trying to compare an operating mine (LSG) with an explorer. I am simply pointing out that time until return of investment is only one parameter. There are access to infrastructure, depth, grade, and other financial parameters to consider as well. If you are buying an explorer you are taking a substantial risk, and there is no way to mitigate that. The big selling point of this property is that it has a real chance of being a 30 million ounce deposit. These days that is hard to come by.