Hi Goldinvest Well St Barb edging closer to 20%, buying out the...

Hi Goldinvest

Well St Barb edging closer to 20%, buying out the 2% royalty as well suggests a massive level of confidence in the richness of Wagga Tank and Southern Nights discoveries.

Management have done all a favour offering a further share st a bargain basement level a never to be repeated investment setting price.

I suggest the significance of the gold component of these discoveries has been very conservative relative to the Zinc etc, so in itself not a bad thing, and now further drilling will be proof of pudding to far greater prosperity than I had necessarily expected.
No doubt as this was heavily oversubscribed the brokers themselves will enjoy a slice of the new very attractive pie. Go figure.
Cheers Sarg