AXG - Antipodes Gold [formerly GEL - Glass Earth]

[elZorro]

Cheers, Vtrader.

GEL is up strongly on the TSX at the moment (Friday), by over 10% so far. The last news release about Simon Henderson representing the company at the PDAC 2012 mining and exploration conference over the next few days in Toronto is good news for more exposure to the enthusiastic Canadian goldie market.

http://tmx.quotemedia.com/article.ph...&qm_symbol=GEL

It will also be an opportunity for CHFIR to get the latest news updated to their client page for GEL.

PDAC 2012 boasts an attendance of over 22,000 over the four days, and I'd guess many of them will be big investors. GEL's current small Mcap with its massive permit holdings and potential should hold their attention. Here are some media images of the 2011 conference.

http://www.pdac.ca/pdac/conv/2012/gen-info-media-gallery.aspx

Here's an article by Grant Bradley, well researched, about Newmont in Waihi. It concentrates on the pressures on Newmont near the main Waihi pit. But if doing up the old Pye factory is an indication, they're keen to see their new mines through. Total spending to get to these three new deposits is over $330 million, which of course is ten times the current Mcap of GEL. No mention of WKP in the article (65% owned by Newmont for the expenditure of a few million in exploration), this might be an oversight.

http://www.nzherald.co.nz/business/n...ectid=10789416

Someone did note that by now, the Waihi Hill, which turned into a deep pit, was meant to be a steadily filling recreational lake for residents. Some have bought property in the town on that basis. But Newmont have been good employers and stewards of the area, there are points to be made on both sides.