What another awesome day! Sellers continuing to disappear - buy/sell ratio is currently over eleven-to-one, compared to eight-to-one on Friday - and nearly cracked 10 mil vol again (9913337).
The 90mil+ revenue (that's based on current gold price) coming in over the next couple of years - has me excited. But I have a query perhaps someone can answer regarding our gold exploration.
IF you go onto the website that needs updating - Exterra talks about the Linden project's Second Fortune project...
which we know about, but also mention 2 others: Zelicaand the Malcolm Gold Project.
Those cut-outs are from 2014 - we now know the Second Fortune project is about to mine, but what has happened since that the above Malcolm & Zelica projects are no longer a priority but the Golden Orb project is?
From the second CR announcement:
When I look at the above Malcolm & Zelica projects, particularly Malcolm, compared to Golden Orb... I think, a bird in the hand is worth 2 in the bush. Golden Orb hasn't hit paydirt yet, but Malcolm looks a potential candidate of another Second Fortune type mining deal where Exterra farms out the risk - pockets the profits.
It makes me think Golden Orb must be real, REAL promising for a 2nd CR (days after the first... very opportunistic). Perhaps some wiser heads have some thoughts why Golden Orb is the priority based on what we know...
Ann: Additional Placement-EXC.AX, page-66
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