RE: RE: RE: Hey Burpit . . . JimiJones:
How can you even consider an offer of 50 cents per share. OSK paid 5% of the price of gold
per oz when they purchased Hammond Reef. If gold is at $1700 oz, 5% is $85 per ounce.
At 50 cents per share x 220M shares = $110M div by $85 = 1.3M ounces. We know we have
1.5M ounces and I can't believe the next 43-101 isn't considerably better or there would be no
point in issuing a second one. At 3M ounces, an offer over $1+++ is still not truly what the
stock is worth as there has been so little exploration done to-date. This could have the
potential to be a world class deposit. Unfortunately, it is likely we will be sold before we ever
know the true value, as it is going to take Millions to drill to find out the true worth. Let us keep
focussed on the prize we are holding.