AXG - Antipodes Gold [formerly GEL - Glass Earth]

[elZorro]

Hi Bucko, I think they were talking about 7500oz p.a. target from 4 placer setups, and of course they only have two running at the moment. We haven't heard about any franchisees picking up the offer to run one of two sites (maybe Gunclub and Pigburn) so I'm more interested in how well they're going at Drybread. They could be getting closer to 100oz a week there by now. This would mean a positive bank balance in theory.

Other shares: I can't deny I'm looking for capital gains mostly at this stage - I've also invested in NTL, and so April could be a great month. If I'm feeling conservative I'll buy some OGC, but I'd like to see the PoG moving strongly upwards first. OGC is always keen on plundering shareholders for their new project, but then we don't have to look far to see that being done on a smaller scale here.