re: Ann: Option to Acquire 100% Interest in S... Crackpot,we'll...

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  1. 11,111 Posts.
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    re: Ann: Option to Acquire 100% Interest in S... Crackpot,we'll see what transpires,I will have a look back through a lot of maps and data I have for the block and area.What I see from this morning's announcement is that these guys have been astute and proactive and for $13,000 have put their foot on the neck of the "cheapest house in the best street" ie they now have a footprint in the best address in town -the Fraser Range with very little downside.If their price goes up they can pay in cash or they can pay in script if necessary.
    What I do know is that WIN and SIR have been drilling in the area immediately to the north and I think BUX will start drilling soon....if any of them make a significant find then IMHO PML is going for a rocket ride due to it's location.I will have more to say when I have done further homework and put together a few new maps of the immediate area.I will probably even take PML as a pick in the STT threads on the weekend.
 
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