I do not hold this or anything else in the market at the moment but from looking at who they have brought on board (Noel White & AuSpec) they appear serious about what they are looking for with respect to epithermal/porphyry mineralised systems. It is an extreme speculative buy but the Ag numbers look promising.
The reason most exploration companies hold a lot of ground is they are required by QLD govt. to drop sub blocks each year. I would say they have a sniff of what they are looking for and are yet to get a confirmed vector to proceed with higher confidence. The next lot of drilling could be interesting.
Does anyone know when that is scheduled to occur?
Watching with interest.
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