That is a good point @@damosid88 it may not be OZL core, but they have ponied up cash for what was in technical terms very good gold potential. I guess what we don't know is how the politics sits, local issues have seen a few off on this project and South America in general appears less inclined to ignore historical land claims than ever.
We do see increased perceptions that large miners are not as caring as they should be, fuelled by some recent tragic events. We await this years reports:-
CentroGold Pre-Feasibility Study 2Q CentroGold Mineral Resource update 3Q
Cheers Phil.
OZL Price at posting:
$10.35 Sentiment: Buy Disclosure: Held