To: 2MAR$ who wrote (96215 ) 11/4/2012 4:04:14 AM From: TobagoJack 3 Recommendations Read Replies (2) | Respond to of 219462 hello 2mar$, today's report: sunday afternoon in hong kong. (i) been working all day except for lunch w/ the kids and in-laws and my mom in the garden. wife is out of hong kong chaperoning the german orchestra somewhere between taiwan, shanghai and beijing, before the orchestra breaks off from her to enter n.korea. she had organized and arranged for the greater china portion of the performance tour. (ii) soon dinner at neighborhood eating village per sunday protocol. (iii) took a break last night and went to the cinema for 007 skyfall. (iv) have been working on existing and new gold projects, creating a financial proforma model to end all proforma models. (v) just received news that we of jacko mining out-moved the heavily armed and armored chinese mainlanders and secured (modified names:0) 'pepperoni' leases 'big reef', 'play' and 'conjugation', amounting to at least (proven) 20k oz of oxide goodies and as yet unknown sulfide goodies but (of course) potential for large tonnage deposits. we now have the mainlanders boxed-in because they were and are not nimble enough. understand from the vendor that the mainlanders were 'badly disappointed' as they should, allowing minnows to walk away with usd 34m of loot at a tip of aud 850k. total spend aud 850k, or aud 42.5 per oz. slop-in say 500-550 per oz for digging and processing would yield a margin well north of intel and aapl. as jacko is the lord in the neighborhood w/ the processing facilities, we now aim for a 60k oz proven oxide resource at aud 300k in cash, and aud 300k in shares (@ aud 0.50/shr) and 1% royalty. i am beginning to get a hang of the game. the mainlanders shall rue the day they ever set foot where we play unreal tournament last miner standing death match under aussie rules :0) they make good targets. (vi) executed / secured gold loan at 10% interest payable in 9999. now our debt to equity ratio is 1:1. (vii) first pour is delayed to march so that we spend some time testing our various mines and dumps and tailings and whatever, to enable astute selection of which pile truck and what crater to dig, to optimize asset utilization and resource management. (viii) under separate entity but with same boyz have engaged by option a far larger enterprise than our own, w/ ready built underground mine and processing plant in distress due to implementation errors, and with large jorc-validified resource of gold and antimony (that which china produces 90% of global supply). we the boyz shall simply try this beast on for size and see how far we can go. have a 120 days dead line. optionality paid to bankruptcy trustee is priced at 0.25% of gold resource if above ground and already in 9999 form (antimony is a larger loot), and at 2% of cost of facilities spend to date by original owners. i may crash and burn but gad, i do not know why i studied electrical engineering instead of majoring in drilling, digging, trucking, and connecting pipes. we must make early choices wisely: (i) hang out w/ geeks in basement of qcom and slave away, or (ii) tap on mac computer while sipping juice of healthy fruits in hkg garden, and reading ipad at poolside of quaint outback motels surrounded by irish backpacking girls to be followed by decompression at marina-side cairns hotel near super japanese restaurant staffed by cute japanese work-study girls, and blocking the greedy but loaded mainlander chinese interlopers and keep front-running them until they cry :0) am going up the learning curve rapidly. cheers, tj p.s. been looking at staff compensation and it appears our aussie miners and mill operators are paid about twice what the french pay their multinational corporate lawyers of 3-years experience.