RE:RE:News out this am I think and based on Gerald's many interviews, you can go back and look, he is well aware and proven the potential of this still largely unexplored north of the YK area and part of this huge 70 km long strike zone within thier lease.
he has been clear after significant study, of new and historical ( 40 plus years) con cores etc, that there is a 50 50 chance of a significant deposit possibly on or south of con existing site and what is now but a pin point of the total area yet to be fully explored.
50 50 is pretty darn good chance and we cannot discount his assessment. I think investors need to listen to him carefully he is honest about it and recognizes the risk and clearly knows the potential and we now have Newmont on board and was obviously part of his bigger plan at the start.
I also think that those with big money in this are well aware of and approve the risk taking GP is doing and the reasons behind it. They and he are also clearly aware of the potential north but it's not 50 50 like where they are now. This program is a small point in a big picture and could be the kicker to the involvement of a major gold player and a chance that our bigger investors including GP ( 5.3 million shares) are willing, and I think rightfully so to take that chance.
Regardless of a "bonanza" win or lose south con, the YGT story is far from over. They will increase our gold south of con and as he said 50 50 that it's a substantial, and when they satisfy that will disctate what we do north. ... I don't disagree with you entirely but this is a risky business and I have to agree with the risk/ rewards plan they have now. And made for what looks to me to be for very good reasons. The implementation of the program next month is going to be significant.
appreciate your thoughts and look forward to more.