RE:Scotia Report June 17Scotia has a 50 cent target, as do BMO, and others too. That's based on conservative estimates of USD$50 million in cash flow in the first year alone (as compared to a CDN$90M market cap). That doesn't take into account the additional resources that will be brought into the fold once exploration resumes in the neighboring areas around Karma. This will prove to be a long-life, high grade and therefore, low-cost gold producer, based on near-surface and technically simply mining, and heap leach processing. The community issues seem to be largely behind them, and/or they have processes in place to ensure long-term benefits for the communities, and good relations going forward. The interim government is fully supportive of the Karma mine, and from my understanding, other candidates for the key government roles are also supportive, primarly due to the employment and benefits the mine brings, as well as the direct and indirect financial benefits to the government (i.e. taxes, royalties, payroll taxes, as well as local suppliers). The company is one of very few (under 10) companies that are fully funded through to commerical production, and are fully permitted, etc. I can't wait for the next 9 months, during which time the company will have its first gold pour, and be on its way to commercial production. As we approach Q1-2016, the stock will continue to climb, and be re-rated from a junior to a producer. I can't understand why anyone would want to sell in the low 20's cents, after all we've been through in the last 6 months. Oh well.