SI
SI
Advertise on SI

 Gold/Mining/Energy : Gold & Gold Stock Analysis


 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
From: IngotWeTrust5/24/2012 11:11:35 AM
Read Replies (1) of 29401
 
Interesting snippit from the following vid clip, located near the end (22 min mark) of said Turk/Fleming interview:



The following was heard from Adam Fleming, Chair of Wits Gold (WGR.TO) of Free State in Africa:
Red = Free State

To buy an ounce of gold resource:
In Canada costs $1100 pto
In Africa, $400pto
In SOUTH Africa $100pto
In Free State where HIS company is, $1pto

Furthermore, Adam interated that Anglo is getting ready to extend down to 5km their existing projects due to major strides in mechanization.

It should be noted that when WGR.TO was initially listed on .TO, it was priced at C$21.50-ish.
It is now priced, if my quotes are correct: C$4.32-ish. That certainly limits downside risk!

8 projects percolating along just fine, of which 1 has completed bankable feasibility.


Cherrio, and all that rot -g-
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

Copyright © 1995-2013 Knight Sac Media. All rights reserved.