next round of takeovers beginning...

northern gold in the northern territory takeover announced .....they have 1.1 million ounces or more

could this be the start of things to come in australia with the price of gold heading up towards us$500/oz and the price already over A$600/oz here...

sure makes wte look good having the largest holding of ground in australia and already an independant assessment of 1 million ounces and an upgrade of resources being worked on at the moment.....

the thing about northern golds takeover is that the project is not at the bankable feasability stage where as the wedgetailte project is!!!!!!

wedgetail will be mining first half of next year!

vultures circling??????