Ann: Cerro del Gallo Gold/Silver Heap Leach Study, page-11

re: Ann: Cerro del Gallo Gold/Silver Heap Lea... Yes I agree agree with all your points.

There is clearly a lot of work going on behind the scenes. All the ground work is being put in place by experienced hands.

On the share front there seems to be a lot of early positioning going on by big money as can be seen by the volume and price rise from 10c and the top twenty. I would think most of the big sellers are gone particularly the ones from Canada who were stuck in what was an illiquid stock.

Everyone got a good scare during the GFC including Norm who also nearly lost 90mil in the Opes Prime debarcle.As a result of this everyone seems to be focused on making this one a winner before anything else happens.

People are inherently impatient therefore the price will still jump around a bit. That said it seems as though at this stage the 30c level is being well defended.

I would guess that we should make a return to the All Ords in Jun which would just be another piece in the puzzle and hopefully after that the ASX 300.

Hopefully there will be no unexpected world events and everything unfolds as we hope.