minister for resources approves mt forrest, page-18

guys,

i think the sell off was a gross over reaction to what was a predictable part of good progress being made at Mt Forrest.

This is nothing but a small time set back IMO , and cld be resolved withing days or weeks.

the heritage issues are par for the course , at this stage.
IMO it is great time to average down and topup holdings..

i think the "top up buying " over the next few days shld bring the price back up anyway.. similar situation to the recent STB development at Lake Disappointment

"The heritage issue at Mt Forrest was heard by the Aboriginal
Cultural Materials Committee on May 7. The Committee
advises it requires further research of the proposed site
complex to enable it to make a decision. As a result, the
drilling program will be further deferred until a decision can
be reached.

Further advice on the matter will be provided as
it becomes available.

Mapping and sampling is continuing on the ground. Further
surface significant rock chip samples continue to
provide encouragement:"

i will increase my holding now , average down and wait for the drilling to re commence.

Conservative 50mt DSO Jorc coming that shld re rate SP close to $1.00