RE:RE:RE:RE:World's top 10 gold projectsGoldanalyst - you do make several good points. The market has met the three amigos with a relatively muted response since the resource estimate, and I do believe it is because of the relatively low grade gold. With that being said, drilling on Eureka and the Perfect Storm will continue to expand the resource, likely towards 40 million ounces. Also, the grades on Perfect Storm are likely to be higher than what was drilled on Goldstorm so continued drilling should continue to improve the overall grade at treaty creek and thus making it more profitable. Something that I foolishy was not even thinking about last year at this time was that the price of gold has a huge effect on lower grade deposits - specifically the ROI to mine these deposits. If gold continues to dip (which I sure hope it does not) at prices of below $1400/oz, projects like these are not profitable - simply put.
I do believe the story will continue to get better and better in the long run, and for that reason I am not selling a single share. Goodluck to everyone this year, can't wait for the drills to start turning.