AXG - Antipodes Gold [formerly GEL - Glass Earth]

[troyvdh]

cheers....understood and appreciated....troy....go well

[elZorro]

cheers....understood and appreciated....troy....go well

I guess that's "Go well, go GEL" . That's a tasty parcel of shares sitting at NZ35c there this morning, I hope someone's not confused over the exchange rates. GEL finished at about NZ42c on the TSX last week. The shares might not move far above NZ45c (C35c) until the options thing is settled in early June, but that is also the time GRU#1 will be adding to cashflow at Drybread. From that date on, the price should trend upwards.

I had another thought about WKP: Newmont could buy out just the waihi area JV permits from GEL, and mining would then be at a threshold of 3Moz, and they have an added sweetener in several areas of the permits. The cash would then free up GEL to mine Muirs, or move on to a lot of exploration drilling. Sort of what has happened for Ophir Gold (Bob Kilgour), but on a much bigger scale.