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Let's hope so. Would be amuzing if BGF start selling shares into any strength after their rampathons recently.

Sold at 10 day VWAP, a 'fair' level.
Hopefully TSX listing before Christmas but time is running away. Sounds like next year.
Retail raising in Canada very small, just to seed turnover on TSX.
Plan to double the reserves next year. That would be VERY significant.
Q3 2011 for production start up, but lots of contingency, July 2011 should be easy for start up.
Pit designs on sub $800 gold price. Very strong as low as $650.
Gold price rise will be inflationary.
Profitability pay off in year one at current prices.
Lots of rumours floating about. Any predators would have to pay up fairly solid premiums due to long term shareholders. I'll roll over at the right price.

I've added in the total shares of this raising and the cash to the gold stock comparison spreadsheet and it pushes them up to the $65 an ounce mark, which is probably still a little low for this stage of development, but they're not as cheap as they were a few months ago down around $30-40 an ounce. That was a great opportunity in this environment. Hard to believe GRY deserve to be trading at a premium to them.

<blockquote data-quote="Sean K" data-source="post: 503961" data-attributes="member: 3610">Let&#039;s hope so. Would be amuzing if BGF start selling shares into any strength after their rampathons recently.Sold at 10 day VWAP, a &#039;fair&#039; level.Hopefully TSX listing before Christmas but time is running away. Sounds like next year.Retail raising in Canada very small, just to seed turnover on TSX.Plan to double the reserves next year. That would be VERY significant.Q3 2011 for production start up, but lots of contingency, July 2011 should be easy for start up.Pit designs on sub $800 gold price. Very strong as low as $650.Gold price rise will be inflationary.Profitability pay off in year one at current prices.Lots of rumours floating about. Any predators would have to pay up fairly solid premiums due to long term shareholders. I&#039;ll roll over at the right price.I&#039;ve added in the total shares of this raising and the cash to the gold stock comparison spreadsheet and it pushes them up to the $65 an ounce mark, which is probably still a little low for this stage of development, but they&#039;re not as cheap as they were a few months ago down around $30-40 an ounce. That was a great opportunity in this environment. Hard to believe GRY deserve to be trading at a premium to them. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite5" alt=":confused:" title="Confused&nbsp; &nbsp; :confused:" loading="lazy" data-shortname=":confused:" /></blockquote>

[QUOTE="Sean K, post: 503961, member: 3610"] Let's hope so. Would be amuzing if BGF start selling shares into any strength after their rampathons recently. Sold at 10 day VWAP, a 'fair' level. Hopefully TSX listing before Christmas but time is running away. Sounds like next year. Retail raising in Canada very small, just to seed turnover on TSX. Plan to double the reserves next year. That would be VERY significant. Q3 2011 for production start up, but lots of contingency, July 2011 should be [I]easy[/I] for start up. Pit designs on sub $800 gold price. Very strong as low as $650. Gold price rise will be inflationary. Profitability pay off in year one at current prices. Lots of rumours floating about. Any predators would have to pay up fairly solid premiums due to long term shareholders. I'll roll over at the right price. I've added in the total shares of this raising and the cash to the gold stock comparison spreadsheet and it pushes them up to the $65 an ounce mark, which is probably still a little low for this stage of development, but they're not as cheap as they were a few months ago down around $30-40 an ounce. That was a great opportunity in this environment. Hard to believe GRY deserve to be trading at a premium to them. :confused: [/QUOTE]

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