Outcrop Silver & Gold Corp V.OCG

re- If its good enough for Adrian Day.....

[General]

It's good enough for me....I'm in....

Adrian Day had this to say.....

"One that I think you will have to watch a little bit more, but only a little bit more—would be Miranda [TSX, TSX-V: MAD], an exploration company and prospect generator. Apart from the fact that I like it, I mention Miranda because I think it’s at a good buying price right now. You don’t have to grit your teeth while you buy it at this point, $1.17 in Toronto right now. They stake land, explore and then they try to get back; they focus on Nevada; I think virtually everything they have is in Nevada. They’ve got two active joint ventures now—one with Barrick (NYSE: ABX) and one with Romarco [TSX: R], a smaller company – both of which have just started drilling. Barrick has had the one property, Red Hill, for a couple of years. Romarco did the joint venture after Newmont dropped the property. And interestingly enough, Newmont had some attractive—very attractive—results, but just determined that it wasn’t likely to be big enough for them.

Miranda’s focusing on trends that are certainly well known and well defined, but less well picked over than Carlin. They are focusing on the Battle Mountain Trend and the Cortez Trend. Market cap of C$50 million. It’s just not a lot to pay for a company that has cash, has joint ventures, currently two active drill programs with hopefully a third in the new year. And it has already had some good experience. So I think that’s an attractive one; but you do have to watch that one. It’s not just a "buy and put away."