Jockus/Legume,Pioneer Resources (which has alliances with...

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  1. 4,579 Posts.
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    Jockus/Legume,

    Pioneer Resources (which has alliances with Ramelius) and has a good possibility of a major gold discovery.
    Go to - www.pioneerresources.com.au - and look at its projects. Currently drilling and further results are due in the next week.
    Currently trading at sub 5 cents - plenty of shares on issue but this was due to the company being on its knees as it was caught without cash during the global meltdown.
    RMS could have picked PIO up for next to nothing, but shareholders rallied and Pioneer have had a big change of luck over the past 9 months.

    The other is SXG - I posted something about them on this board on 11th February in response to a post by triage.
    Have in excess of 425,000 oz of gold and still growing.
    Some of it is laterite gold which will be heap leached later this year.
    The chance of further laterite gold is good and the areas being drilled are mainly virgin ground.
    Near surface nuggets have been found by the previous owner on some of the tenements now owned by SXG. www.scross.com.au
    I believe that SXG have yet to drill its main hope.

    As for HRR? Legume summed it up well.
    $63 million in bank - debt free - largest un-developed nickel resource in the world with one project attracting the Chinese and currently ore being tested in China through a pilot plant. HRR could well surprise with its A1 Gold Project in Victoria.
    A hell of a lot more could be said.
 
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