A PULSE, page-3

the search for massive Porphyry deposits in PNG is just a way for the big boys to justify there outrageous exploration budgets and therefore their jobs. It is an absolute nonsense when there are so many small deposits easily worked with comparatively low Capex. The real undeveloped resource in PNG is the potential for small scale high yield gold operations. More power to these blokes going from explorer to operator ......How many have done that before ....Bugger all.