Clancy has had less than 50 posts since inception and in my mind...

Clancy has had less than 50 posts since inception and in my mind has been overlooked for far too long.

They have 2M in cash.
They are responsible with their expenditure.
They are Very! tightly held.
Rights issue in June with 73% uptake, rest underwritten by Goldfields.

They have a JV with Goldfields drilling this current quarter.
Goldfields have purchased 5.4% of Clancy.
Goldfields are spending AUD$1.9M on drilling this Q.
20,000M of drilling planned.
Project = 49% earnings Clancy - 51% Goldfields in the first 3 years.
If Goldfields spend additional AUD$15m = 25% earnings Clancy - 75% Goldfields.

If they have a good or major find the SP will explode, only 61M shares on issue and they are VERY tightly held.