The conversion of Kaiser Reef Limited (ASX:KAU) into a gold producer through one transaction in a top-tier market is highly commendable. This action suggests that the management might have completed the best deal I've witnessed in my thirty years in this field. To add to the commendation, this deal was done at a rising bullish sentiment for gold.

The Ausgold Katanning Gold Project is looking like the next gold mine. All it needs to dnow is tick boxes and the rising gold price awaits.