The announcement today that ROY is going to test drill the DRAGON HEAD prospect is very good news for me as a shareholder. I have been waiting to see just how good this prospect turns out owing to the estimated thickness which forms the fold of the head.
It could be the big icing on the cake, and being the year of the Dragon and China's appetite for ore some action on a joint venture front in my opinion is very close.
I have not discounted others outside of China who could also be interested in joining ROY to move this to full blown production.
A waiting game for gain.
MFE Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
