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Recent talk by Mark Calderwood for those interested, I thought it was a very good one:


http://www.brr.com.au/event/61594/emerging-gold-producer


I found these comments from Mark very interesting:


2005-2010: 15 new gold mines coming online in West Africa averaging 200Koz pa in production.


PRU drilling meters 2007-2010:

2007: 100km

2008: 170km

2009: Between 100 and 170km

2010: >200km planned


4Moz in Reserves at Ayanfuri by the end of 2010 more than likely. Banks are also aggressively pursuing the Ayanfuri project. Payback period for Ayanfuri at $US 950/oz one year 3 months.


Sissingue could be 11-15km long? At this stage, Resource calculated for only 1km of strike. But needs a lot of drilling.


Enjoy.


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