new world class mine, page-64

Hi @1ForDaMoney & all ... I'm having a punt on this for 2 reasons: 1. In Dec they drilled a hole in an 800m x 600m gold anomaly that hit the best grade in Africa for a year. 13m @ 86g/t including 10m @ 108g/t from 117-127m. Below that from 147m-151m eoh they got 4m @10g/t including 1m @22g/t. A nearby RC hole got 16m @ 1.2g/t. Other holes canned due to rain. 2. Announced a month ago, shares @ 2c went to 5c, steadied for a week or so and then doubled.

They're short on cash, directors take shares & options as pay, lost $500,000 last year, tight ship. Raised $500,000. Now there's a 1:11 rights issue @ 5c to raise $1.5m. They're going to put a diamond drill down, deep?

3 directors, one Troy director, IGO hold 8.8%. You may know of them? They're diluting @ minimum. Good odds of a monster on, & like the share action. Wish I had jumped a month ago, lol.

Other project in Tanzania 16km SE of 17m Oz elephant Bulyanhulu & Anglo's 12m Oz Geita 100km or so. Don't bet the house!