stage set for blk to go parabolic in med term, page-12

a few things from the quarterly I found extremely bullish, my comments in brackets below;

-The M4 Deposit has been identified as a priority area to recommence mining operations at the Matilda Mining Centre. The Company looks forward to updating the resource model and reviewing the mining economics of this deposit based upon the latest drilling results. (ready to mine now at a lot lower cash cost)

-Williamson - These envelopes are substantially broader than the previous resource envelopes allowing mining on a bulk mining scenario rather than the historical selective mining technique. This will reduce handling and provide a more consistent grade and production profile.
(a regis all over again)

- Williamson-The recent resource update and subsequent review of mining economics has defined numerous exploration targets and opportunities to add additional resources for both open pit and underground development (Figure 5). The priority is to extend high-grade mineralisation at the southern end of the pit, stepping out from earlier drilling. Drilling in some areas is currently too widely spaced to sufficiently define mineralisation.
(BLK wont need to drill to much to upgrade the resource and get into production quick with all the current drilling data they already have)

all BLK need now is to get their hands on the WGP, they have a heap of gold and growing ready to mine at an all in cash cost at well under $1000p/oz in my view.

bullish BLK, to good of a resource not to be...