nice copper moly discovery, up 60% on volume!, page-6

Quite a heavy discount now for the rights issue if it goes ahead. What will the date be for participation? Has it already passed?

Results look good though and Kingsgate own 35% so it's not like they think the tenements are worthless.

An interesting article from yesterday here:

http://www.theaustralian.com.au/business/opinion/stuff-tin-stocks-in-a-drawer/story-fnciil7d-1226641492554

"Calingiri deserves to be closely watched as previous exploration yielded the sort of results (80m at 0.42 per cent copper) that get the big boys of the industry excited when they are high-altitude drilling in the Andes.

It goes without saying that Calingiri is not at altitude, making any development less of a challenge than something in the breathless Andes.

More broad and reasonable grade results can be expected, remembering reasonable grade means more when the location is virtually a suburb of Perth and not a place high in the Andes."