There has not been an explorer on the sharemarket to give us the...

There has not been an explorer on the sharemarket to give us the sort of excitement we got from west African based companies since PIR was taken over.

Perhaps AOP will be that explorer - it is in the right location where there has been very little exploration and the few mines operating in the Ivory Coast are doing very well. Govt supports the industry and the tax regime is one of the best in Africa.

All we need is some very nice drill hits as the POG heads over USD1300 and the share price will quickly head over 20 cents given their cash backing and that there are only 121m shares on issue (plus some in the money options).

Will the Steinepreis factor work in our favour? -I dunno, sometimes it does, and sometimes it does not.

loki (AOP is a nice lottery ticket to hold in a rising gold market, but I would not bet my house on it)