Frontline Gold Corp V.FGC.H

RE:RE:Turkish currency has tanked!

[rockhead7]

There are two separate and distinct stories here.  In Turkey FGC has hardrock mineral claims attached to ELD new cash cow mine.  If you look at their drilling its hard not to conclude that they may have stepped over the line on one or two occassions.  That mine is pumping out 100K ounces a year, I suspect that at least a tiny portion of that is attributable to us-ELD will need to adress this-hopefully sooner rather than later.  Moreover if we do some step out drilling on our side we might well make ourselves very valuable to ELD.
To my mind the more exciting prospect is the copper taiings pond that we bought outright about 5 years ago.  Copper was $2/pound when Walter mortgaged the company on this flyer-the copper is from a long abandoned mine-with new technology there are likely milions of pounds of copper waiting to be processed-and copper is now $4.  This is a low risk high reward play that is a company maker-how many juniours have a proven stockpile of millions of dollars of ore sitting in a pile just waiting to be turned into cash?
And, of course, we are about to get serious about some very hot prospects closer to home!  Lots of excitment to come!