RE: RE: Taylor 1988 (Fact versus Fiction) Let me first say that I think you are right in picking Trelawney and Newstrike as your two top picks for 2012. Whole heartedly agree with those two choices. Two good quality juniors with great potential.
However in response to your post
You sound like a real university geek . This isn't a debate. You either know the facts or you don't. In your case the facts were sadly lacking. That was about the fourth time you had mentioned Fort Knox on various forums as evidence of successful extremely low grade open pit mines. Having a superficial grasp of something you read and then trying to imply that the Fort Knox gold mine is successful while mining a grade of .43 g/t over the past three years was laughable. No kidding .43 is the life of the mine average grade. Fact was that in the past three years since inception they have been mining primarily the high grade material closer to an average grade of .73.
Do some real research for a change and fill in the following sentence.
Fort Knox cash cost per ounce in 3rd quarter 2011 at grade of .49 was ______.
Fort Knox cash cost per ounce at grade of .43 will be ________.
As you well know with GBB nobody out there wants a high cost mining company with gold grading .4 to ,5 g/t. Haven't seen you pumping that POS in the last few weeks . Wonder why? :) Gains on TRE and NES should help offset the money you have thrown away with GBB.