Good luck downside, the company has completed 4 placements, one SPP, and a share swap so far this calendar year. In return you have received the tenement acquisition through the share swap, one brief drilling programme, and still owe the vendor US$1million (due within six months), plus have around $700,000 in the bank. Stated objective as per latest quarterly-a bit of scout drilling and a bit of soil sampling. Oh yes, 169m shares on issue. Next announcement ? Minor update to the resource(not reserve) base probably. Well done downside, you are one of the few making any money out of this one so far. (But then again, Goldbars could be right-hey look out the window, flying swine!LOL) Cheers, TAS
AND Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held