RE: RE: RE: NEWS...some good holes from target 3 The present resource calls for a mine producing 200,000 oz gold equivelant per year for
20 years. The Pre Bank fesibility will give us the value Per Share of what has
been accomplished until now. If GIX can prove up another zone as they are in the process
of doing then they can look at increasing the production and building instead a mine
for 300,000 ounces of gold equivelant per year. In the summer Dunham Craig told me
that they were gunning for the 300,000 oz production per year. The hungry large
gold producers will definitely take out companies like GIX in the not too distant future.
Lets hope they can prove up a new zone before we are taken out at a low price. GLTA