Thanks for posting this pi065509.I like the following from the...

Thanks for posting this pi065509.

I like the following from the report. This one could be a sleeper and with some good results could catch us all of guard.

With an EV of $6 million Todd River is well leveraged to exploration success, which is the key to driving share prices and company value.

Recent discoveries in Australia that have led to large price moves include the Nova-Bollinger discovery by Sirius in 2012 ($0.05 to a peak of $5.00/share) and the Doolgunna discovery by Sandfire in 2009, which had an initial run from $0.05 to $4.08/share, with subsequent movements to over $8.00/share.

Pertinent to Todd River are KGL (market capitalisation of A$78 million) and Peel (market capitalisation of A$106 million), both which have structurally controlled poly-metallic discoveries - KGL has the 25.2 Mt Jervois deposit, located in the Arunta Province of the NT and PEX has the 3.92 Mt Mallee Bull system in the Cobar Basin NSW, augmented by the high grade Wagga Tank-Southern Nights project which is the focus of current operations.