I checked the substantial shareholders transactions on commsec
The latest ones are
11-11-09 Baker Steel Capital Managers 12.77%
10-11-09 Grand T G Gold Holdings Limited 7.84%
10-11-09 M&G Group 7.53%
10-11-09 The Goldman Sachs Group Inc 15.62%
They bought the shares for 4c or 5c and haven't sold them.
Drilling result will come out in April.
But a lot of negative sentiment in the market now.
Does it worth a punt?