Drilling will start at Mt Venn and then move into the Eastern...

Drilling will start at Mt Venn and then move into the Eastern Mafic where they will surely start hitting higher grades and yes, with so many highly prospective targets we could be in for a hell of a ride during July / August.

Depending on the hits, a market cap of $150m is certainly achievable in the short term and this would translate to a share price of $2.00.

The shares are tightly held and there are not that many of them so it will move quickly, just as it did back in November when it moved from 24c to 70c in one day when they had their first sniff of mineralisation.  But we have come a long way since then and this round of drilling is highly targeted to locate the source, or the neck of the mineralisation.

If they were to replicate the short term run of Sirius back in 2012 then we would be looking at a share price of $10.00.  We have the same team working on this as was involved in that Sirius discovery and they know what they are looking for.

Who knows how big this could be … it could be an absolute monster and with a current market cap of just $32m our run is really just beginning with drilling due to begin in two weeks.   There can be no guarantees however, and worst case scenario they fail to hit the expected targets, but personally I am very bullish on this and very excited to be a part of it as these opportunities don't come around that often.

For newbies, its exciting and its speculative, s0 do your own research, know your limits and don't commit more than you are prepared to lose.