Its an interesting story so far regarding the philipines gold project , in that obviously the average joe out there has little interest in buying into this , probably for a number of reasons the locality and past history of the area maybe there a little scared of political or social effects that are out of there control or just plain bias towards the philipines . The facts are though is that the gold is there and alot of it , regarding the future and money to extract this deposit is going to be a lot cheaper because of wages etc and general expenses because of its locality . Cant help thinking that once they have proved the grades the real money people institutions etc will be onto this faster than a rat down a drain pipe , they probably are eying this very closely as we speak , i know i would be if i had a few grand to spare , shame really because it looks like the small guy is going to miss out on this one , because the volume will be wipped out in one hit . Ok my ramble finnished .
MRD Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held