daytrading sep 4 afternoon, page-16

  1. cha
    5,827 Posts.
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    tas
    medium term drilling project now officially underway

    expect usual ups and downs

    entry at 13c

    suggest read and reread the asx ann. paid 10m by rio already. 10m in cash.
    backed by rio. next to olympic dam. results positive already on a mix of metals. market cap 31m

    12 month project. expect a good return on my trading parcels and expect will hold a core similar to nwe as it unfolds.
    comparable in size to olympic dam. (hope it has a better future). labour carbon pricing and mining taxes may be gone 12 months from now?


    interested in views of usual crew on this one. 64 webral endless burnett etc

    buffett and pj would have been well and truly onto it

    some have been waiting years for this vulcan drill program.

 
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