they are sitting on plenty of gold i would guess. trouble is back in 2007/8 they focused on blue spec deposit exclusively after their disappointing regional drilling campaign results in 2007. also, there was no follow up drilling done on green spec, which was a high grade shoot discovery from 15 metres depth with a big low grade halo. nor did they follow up the golden spec deposit with 3 shoots from surface. wrong strategy i reckon.
a perfect t/o target i reckon with POG now a safe haven investment.
NWR Price at posting:
6.6¢ Sentiment: None Disclosure: Not Held
