| Alexis Minerals (AMC-TSXV) has a market cap of around $60,000,000, their Lac Herbin deposit is similiar (resource) to EFG's Croinor Deposit but EFG's grades are better around 10.5 g/t Au. They are mining around 30,000 0unces a year and they have contract milling with Camflo, same thing for future production (starting work this summer) at Croinor The implied valuue of Lac Herbin in Alexis is around $38,000,000 First Gold has a market cap of around 4 mm$ at 0.12$/share and they own 50% of Croinor, 19,000,000$ their participation in Croinor 1,000,000$ for their base metals project Should trade at a 20,000,000$ market cap= 0.60$ share based on 32 3mm shares outstanding (april 9th,2009) Investors close to the deal own around 29,000,000 shares of the 32.3mm out! The president himself 2,424,000 shares bought (SEE INSIDER REPORT)on the open market! Entire float is 3.2 mm Great fundamentals, reliable , experienced management and directors, very well controllled share structure this year 2009 will be the year to own EFG! do your own due diligence Herb |