Staccato Gold Resources Ltd. (CAT.V)

This one has been a real disappointment and a little bit of a surprise at how little respect it gets. Has a million ounce deposit in Nevada. Part of the challenge is they are having trouble raising money. Management has not been particularly aggressive at moving the project forward.

Has some interesting properties in Nevada.

Doing all the right things. Has great exploration potential in Nevada. Very good management. Strong upside potential.

Would like to see the resource calculation to see if they are inferred resources or measure indicated. If they add 300, 000, it becomes more interesting but in order for him to make a profit, the economics of scale are not there.

Exploration in Nevada. Thinks the 600,000 ounces of gold that they own, may be relatively low grade. Not sold on this story yet.

Have been unable to get information from this company and his major concern is the 17 holes that were drilled prior to them coming in and how this affects their structure.