Targeting another Challenger

Dr Rose continues to buy from the market and this could only be a good sign for the future as I can't read any adverse signs into it . After the latest announcement Change in Directors Interest Notice Appendix 3Y I tried to put myself in a Dr Rose mindset on what we know about Marmota and his reasons to keep accumulating . On current disclosure the reasons are surely in the list below .
　
Challenger style research and drilling at Aurora Tank last 4 years continues to deliver excellent results .
Aurora Tank in close proximity 50k NE of Challenger GM
Marmota have an experienced and elite team.
Dr Wills Board Member of Marmota was founder of the Challenger Gold Mine. (Dominion Mining)
Dr Wills through calcrete sampling methods believes there are the possibilities of another major find nearby to Challenger.
To date there is enough evidence for an Inferred Resource at Aurora Tank .
Excellent grades at shallow depths and low cost extraction .
Marmota have applied and obtained many leases surrounding the Challenger Gold Mine .
Marmota attempted to counter WPG's bid to buy Challenger Gold Mine.
WPG have consented to allow small mining companies to facilitate the Challenger Mill.
Many of Marmota' s leases are untested especially the prohibited Woomera Zone lease.
Our Chairman Doctor Rose as been buying shares in Marmota off market since 2012 and currently hold 64 million.
Dr Rose 's family are also major shareholders
For many years Dr Rose has only accepted $1 per annum for his responsible role in Marmota.
Yendall Investments (Mark Creasey) is a major shareholder .
Dedicated placements have been succesful in raising capital for drilling at Aurora tank and investors still holding and appear to be in for the long haul.
Share Capital is still very tight and 47% held by Management and long term investors.
Marmota is underpriced at $9.5m or 1.8 cps
Has a JORC Inferred Uranium Resource at Junction Dam and intends to announce an Inferred Copper Resource at Champion Prospect West Melton and a Gold Inferred Resource at Aurora Tank not far off.
I am sure that more good news is on the way after the latest Priority Calcrete Samples are taken and analysed.