On the conglomerate story.... I am a bit cautious about it these days. DEG is in the middle of exploring their patch of it.... what makes me uncertain about theirs in particular is the way the conglomerate dips fairly steeply. They actually need to find fairly wide pay zones [imo] otherwise I am doubting they can mine it economically. I am a little concerned also that their structural gold deposits are so strung out [similar to CAI].... lots of small deposits, reasonable grades and shallow is ok but not nearly as good as one large deposit.
The slow progress being made by NOVO exploring the conglomerates is a bit of a warning that its actually quite a complicated puzzle.
On the list that @ArthurDent is so kindly keeping us updated on I have taken a shine to AIS [and to a lesser extent ARE]. Really worth sticking on a watchlist and learning the story imo.
(20min delay)
