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Gold/Mining/Energy : Prosperity Goldfields Corp

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From: Fantomas	9/3/2011 6:11:47 PM
	1 Recommendation of 906

Interview highlights: - $9M cash on hand / $6M left by the end of 2011 exploration - next financing to be expected around April/May 2012 - Smash is operating 2 (Niton) bench XRF analyzers in the field: good for pathfinder elements but NOT for gold (detection limit greater than 15g/t) , these "secret weapons" did speed up the exploration process by a full year due to immediate results, leading to quicker target generation - main pathfinder element is SILVER in this area (not arsenic, tungsten or molybdenum as with most other Yukon explorers), placer miners have 80% gold and 20% silver in their dore bars - first drill results expected by the end of September (maybe too optimistic Adrian, labs have long backlogs now) - Adrian owns at least one other Yukon explorer and is recommending Silver Quest, Golden Predator and Tarsis - Smash is actively looking for another project (Canada, Mexico, South America) covering the winter period (no Yukon activity then) in order to generate year round results FANTOMAS

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