re: Ann: Option to Acquire 100% Interest in S... Prior to SIR's...

re: Ann: Option to Acquire 100% Interest in S... Prior to SIR's discovery at Nova most of the tenement holders in the Fraser Range were focusing on gold and that is evident from numerous releases by ENT,SRI,BFE etc prior to Nova's discovery.ENT has since broadened their thinking to include Ni and Cu.The former MD of BFE did indeed work for Geographe but from what I can ascertain post Nova BFE didn't spend any money exploring on their ground as they were focused on their USA project.There is a small portion of this block I rather like in the NW corner where as Ddzx says the same fault line which the big nickel anomaly is located on passes through PML's ground. I think that area is worth spending a bit of money on.Anyway these guys seem to have structured this deal cleverly,they have the luxury of sitting back and waiting to see what unfolds in this region from WIN's drilling and have their foot on the throat of this ground for a tiny sum of money. If their soil geochem and or any aircore drilling they do comes up good they can pay the balance and they have the ground.If any of the neighbours make a significant find the whole immediate area will get a boost in which case the only two cheap options in the area will be PML and perhaps BUX .Below I have overlaid the position of SIR ,WIN and PML's block onto the old Geographe Resources map