go gold.....!! , page-5

re: go go go gold.....!! make me proud...! nickoo,

Watching CSL intently and do believe it still is a great business and could receive some strong support as a result of a war or more terrorists attacks.

Can you please provide an attractive valuation range to consider buying.

Still believe also the Big Ox will outperform. Here is a taste of whats to come:

Michael Quinn
24 February 2003

OXIANA Resources chief geologist Tony Manini has pointed to the huge prospectivity of the Sepon mineral district in Laos to back his assertion that the company is "just at the beginning" of its growth path.

Speaking at the RIU Explorers Conference in Perth today, Manini said the 400sq.km district - 40km by 10km running east-west - has been soil sampled on a regional scale and was proving to be highly anomalous in gold, copper and "any other metallic element".

Better results from limited scout drilling undertaken by previous operator Rio Tinto have included 12m at 7.7 grams per tonne gold (around 20km west of the Sepon plant), and 12m at 7.2% copper, about 10km from the plant.

Manini also highlighted the "very substantial copper system" at Thengkham.

Manini said the gold mineralisation at Sepon was very similar to that at the famed Carlin trend in Nevada, and noted that Rio was originally drawn to the area in search of such mineralisation.

Oxiana also sees potential laterally and at depth at the five gold deposits (and the Khanong copper deposit), though Manini said the sulphide ore is refractory and will need oxidation or roasting.

However, he reaffirmed that oxide deposits remain the main focus.

"This company has the potential to grow very, very significantly," Manini said.

On the operating front, Manini said that based on six weeks of operation, Sepon would "comfortably achieve" forecast cash costs of under US$150/oz.

Cheers

Hell er Ferg er Wild er Monogamy