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Red Lake and Geraldton are Canada's PREMIER addresses for gold
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Message: Premier Gold and my TFSA

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Premier Gold and Versant Partners New Forcast

posted on Jan 05, 12 10:08PM

Yes...I believe Mr Chang of Versant Partners, has a good hold or grasp of the Hardrock Project ..

His new 4.5 million ounce estimate coincides very well with my own 2011 ending estimate figures from about 6 months ago...

So.

Lets add in this years Brookbank, Key Lake and Beardmore's drilling ..with what we know previous to 2011, and I strongly suspect 5.5 to 5.9 million ounces maybe more in line for the new Trans-Canada project.

Almost forgot Nevada, Musslewhite, and Red Lake .. so lets bump that up some more by a measly 100,000 ounces for each of these 3 projects ( I am so conservative.. )

Now we are looking at closer to a combined 6.25 million ounces for the end of 2011 or to start new year 2012 with...

Now lets see how close I am....with my ounce forecast , and my forecast that, if the major holders keep taking up the loose shares being offered daily in the next 9 months,,, we could being seeing that $10-12 target before the end of 2012....

Any real good assays results from here on in, will no doubt cause those Target Prices to be re-thought and revised upward again...

An my humble opinion ( of course )

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