Historically, Gold deposits in the Menzies area were small but high grade.The recent upgrade due no doubt due to a reinterpretation of recent drilling.The plunge extent appears to be dog legged.Having established that mineralisation exists,it should be easy to establish the strike length with another round of drilling.For a 25k spend this is great bang for the buck.With the price of Gold in AUS terms approaching record levels,any deposit that can be dug up with a front end loader,basically has value in my view.It amazes me how many people invest in Techno stocks with a 20 -100 market cap offering only blue sky potential,yet is wary of any stock that presents tangible results.Such is the way of the world at the moment,I guess.For the diehards in this stock-you will be rewarded.Its only a question of when.GLTOH in the months ahead.
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15 | 7865082 | 0.003 |
7 | 6650000 | 0.002 |
5 | 7000499 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 4635726 | 4 |
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0.008 | 4493067 | 6 |
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