exco intersects 1.69% copper at cloncurry ..., page-5

yes, he is talking about gold and a deposit that I guess can be mined using the existing WD plant. "Advanced" would mean something ready to be mined within a year or so I would say, so not just a tenement with some drill results.

No doubt they would be looking at any opportunities that they think are good value though.

I note that PLY has a gold mine (Mt Boppy or something like that) which is expected to start producing from 2013 and in the process of arranging financing. Would there be any chance we buy into a JV with them on that? I guess it all comes down to price.