quality specs - the eight elephants, page-16

Will get a copy of that book - Thanks again Mr. Fox
amwthailand at gmail dot com - if you have any other ideas my ears and mind are open.

Wang Chung - I hold RUM - have done for a long time and topped up again at recent lows - will hold this until they get the Postash and Phosphates to market and use the money to drill that Cu

I have a lot of exposure to commodities that are hard to bring on-line quickly and have depleted stock piles - or anything that China is talking about reducing export quotas on.

Now back to MEP...will check through old Board Room Radio podcasts and see what I can find...

Reading through last announcement:
1- Monster 3bnt highest grade IO in mining friendly SA - 35km from Rail then 300km to port.

2- Cash coming within 2years from "world class" 20mt of China Clay (2years of Global consumption at current resource size)- buyers lined up - this will prevent dilution and fund all those Gold and other plays.

3- Cloncurry - Volcanogenic massive sulfide ore deposits or VMS are a type of metal sulfide ore deposit, mainly Cu-Zn-Pb . 54M from JV where MEP get 49% - so far only one hole drilled in the 549skm of Australia's most productive Copper Belt area before rains - sent for analysis on the 12th Nov.

90m shares is not too diluted - 6.2m cash, should poke a few holes and keep the coffee coming -market cap of 20m is a joke for what they have. this is a no brainer - just add time..

Very lucky to get in under 30c me thinks - hope some of my other fruit ripens enough to load up at these prices - only have small core holding now.

Not so much a matter of which spec will make money - more a matter of which will make money first and which one am I most afraid of getting left out of - I don't get why so many micro cap stocks are ignored by mainstream. I think they are safer than many Blue Chips from a value investing point of view - guess it is the negative cash flow, and time taken to research some 2000 micro caps on ASX - who can afford that kind of research - makes me appreciate posters like Budfox, Treasure Hunter, Nathan21, Gizard, Von Trader, Cdcdhi1, Twin Turbo and quite a few others -Thanks for the education, the profits and the ride!