Hey CabeAgreed - good news. It's going to remain tightly held by...

Hey Cabe
Agreed - good news. It's going to remain tightly held by the majority shareholders which will probably equate too shallow depth in the volume traded for the short term - but they're obviously holding tight for a reason.
From 4/6/08 "The drill holes are very visually encouraging and first assays from the programme will be available by next week" ....well where are they??
You'd think if they are looking at expanding the project they must be more than encouraging?
Maybe a placement to the big players before the market gets to know exactly what resource estimate they are looking at?
"Estimation of an Inferred JORC Resource by December 2008"
...so this should mean we will have a steady flow of announcements for the next 6 months as they complete "10,000m of diamond core drilling" and "2,000m of trenching". Good to see they are getting an extra drill rig there in a month too.
UP 17% on this announcement - keep it coming!!