Just checking out...I exited this morning at 0.375 on the price spike relating to the news storm below...As mentioned I am more than happy to take a 25% return on a speculative mining stock in a very short time frame. I could have held out for more but I believe that pigs get fat and hogs get slaughtered so I took my money off the table. I suspect I'll be back in again once the news dies down and the price falls off. Good luck to those that stay onLinear Metals Increases Nyanza Gold and Base Metal Property Portfolio by 60% (ccnm)HALIFAX, NOVA SCOTIA--(Marketwire - Aug. 22, 2011) - Linear Metals Corporation (TSX:LRM) is pleased to announce that the Company's applications for additional mineral rights covering 668 square kilometres (km2) in the Nyanza Region of Kenya has been approved. The Sotik License, located approximately 40 kilometres ("km") to the east of the Company's existing land package, is the largest license acquired and represents an area of 658 km2. Two smaller licenses, covering 10 km2 of open "fractions" and flanking areas contiguous to the Company's extensive existing land holdings, have also been granted to the Company. These licenses, together with Linear's additional license applications pending as of this date, cover what is believed to be the last "open" portions of the Nyanza-Migori greenstone belts in south-western Kenya. Linear now controls over 1,600 km2 of this prospective greenstone belt, covering numerous gold, base metal, and iron occurrences, with applications pending for an additional 500 km2.Linear's Chief Executive Officer, Brian MacEachen, commented, "We are very pleased to have completed the significant additions to, and consolidation of, our extensive Kenyan land package in this highly prospective area of an under-explored greenstone belt. We have increased the size of our property portfolio by 60% with Linear now controlling over 1,600 square kilometres of the belt which makes this an even greater district scale opportunity. This strategic package is dotted with artisanal and colonial workings and is host to an abundance of high grade gold occurrences and quality targets. Our initial work program is progressing well with positive results from our geophysics and geochemistry and we look forward to reporting assay results from our on-going trenching and drill programs."Sotik License Grant The newly granted Sotik License covers a large strip of greenstone belt that is exposed in an erosional "window" between Proterozoic Bukobian cover to the west, and largely Tertiary volcanic cover to the east. The window extends approximately 44 km in a north-south direction and is up to 11 km wide. This strip of greenstone belt hosts numerous artisanal gold workings and is located proximal to the town of Sotik, a local supply centre. The Kenyan Geologic Survey also reports the occurrence of what it interpreted as "detrital gold" from the basal conglomerate of the Bukobian cover sequence, suggesting possible erosion of nearby outcropping gold mineralization hosted in the Nyanzian greenstone.