where is the announcement ?, page-6

I have been doing some research...

Now people can surmise why Juniors exploring 'Australian assets' like CXO, RXL, POS etc are all in the 2-6c price range even without significant discoveries.

The reason being these assets are close to existing mining tenements and are proven drilling fields...so the market puts an appropriate fair value to these explorers. Companies with projects away from Australia are suspect in the eyes of market as it purely goes by what the company in question puts across to investors....who are in no position to validate what the company says and purely go by trust. That said, I am beginning to distrust all the Australian mining juniors holding tenements outside of Australia!!!!

I ask this forum to name an Aussie junior explorer that has been successful in Chile or anywhere outside of Australia in the recent times!!!