But don’t worry dude, you’ll be better off with Pediment if you help them push through that land deal. If not, there’s always the Marina.
UPDATE:Take a wild guess as to who said this in May 2009? Of all the gold companies out there, he had to top-pick the one that drops by nearly half during the gold bull run.
My favorite gold producer today is ATW Gold Corp. They are an advertiser and we own a lot of shares. Obviously, I’m biased, but I’ve known and followed these guys for three or four years. They have two mines in Australia, Burnakura and Gullewa. They’ve got a big drill program going on at Gullewa right now. They’re actually in production at Burnakura. They were picking up $50 million worth of mine and mill for $3 or $4 million. The purchases were brilliant. They pumped a lot of money into the ground. They built up the resource. They’re producing gold now. They’ll be cash flow positive in a matter of weeks. They’ll have the second mine in production, and should be doing about 100,000 ounces a year production in a year to 18 months.