Extorre Gold Mines

XG-T

Just entered into an agreement with Yamana (YRI-T) to be acquired. Thinks it is worth more than $5-$6 a share. Doesn't know if there is another offer coming in. In a situation like this, he would sell a 3rd of his position and then wait to see if other offers came in.

Have a nice high-grade deposit in Argentina. They have a pre-feasibility study on it. He can’t see the government coming in and taking over a gold mine. It is a descent deposit but he things it will get cheaper. There is no hurry to by Argentinean stocks right now.

High grade gold/silver deposit in Argentina. Thinks it is capable of being a multimillion ounce deposit. Views it as a takeout candidate. Low CapX project.

Unique high-grade gold mine in Argentina moving towards development. One of the future multi-million ounce high grade deposit stories.

Silver play in Argentina. Likes the story. A little ahead of itself right now.