It's been caught up ike many of the juniors in the last year and there's been very little buying. This one is a very good situation 1) likes their exploration potential in the Red Lake district and 2) they've gotten involved in a Congolese venture which has a very larfge potential ore body. Very undervalued stock.

In relation to a lot of the gold complex, he feels it is pretty well valued. If gold takes a big push forward, this and Newmont (NEM-N) will be the go-to stock in the large cap area. They're very aggressive and will be consolidating the industry. Will full participate in any upturn in gold.

A bit of a cult stock. Overpriced relative to the list.

(Owns over 10% of the company.) With gold price of $450 or less, to produce gold, is consuming capital at an alarming rate. In the last few years, they let development slide, so have to catch up with development to get to the scopes to get the production they need. New management. Believes in management and the mine, but need a better gold price.

Good management with the ability to raise money. Spun part of the silver assets out.

Has the capacity of getting in the neighbourhood of 2 million ounces minimally. Great management team for a junior this size. 1st class operation.

(He owns over 10% of the company.) A really exciting play. Outstanding drill results.