[subordinate]

With kinross finally getting their long awaited permits to drill again on their Fruta Del Norte Property in Ecuador (About 13.5 mill ozs of Gold), Looks for the other area plays to get their permits as well.

In general, these area plays should fair well.

You have: [As of November 11th]

*SRL-V at $1.00/share
*EC-V at $0.74/share
*DRI-V at $0.87/share
*NDR-V at $0.14/share
*CGP-V at $0.17/share

IMO, EC-V (Ecometals) is the best risk/reward play, being adjacent to the discovery hole, and drills ready on the permits approval.

2nd - SRL-V, Because they are further from the discovery hole, but past drilling has come up with some solid results. And drills are ready upon permits approval.

Then you have DRI, NDR, CGP, which are really just spec plays that will follow the movement and activity of Kinross/EC/SRL results and price movement.

If you're looking for the quickest double from here, I would put my money on NDR.


The other big risk factor: Market Turbulance.
The markets tumble again as people realize the economy hasn't really all that improved.