Ann: Further Significant Intersections at Mt Alexander, page-22

Today's announcement was very impressive as they found more DHEM conductors with very high Siemens readings from the Samson holes and it's looking very sweet indeed. The hole they have drilled hit 3.3m of MS at 6.3% Ni and 4.3% Cu. That's great in my book.

Every hole they drill they are hitting massive sulphides and the jigsaw is coming together to give us one massive resource. Sure it's not all in one spot but it is definitely there and it's all coming together. Like Gracie I just don't understand how sgq's results could be insignificant. the results are just not what the market is use to - Mr market has always been spoilt with one big hit and that's all they understand.

The market works in strange ways and all it takes is for one influential broking house or fund manager or strategic investor to press the switch and off she will go.

Regarding the comment about no revenue stream, don't be surprised if sgq lock in off take agreements and start mining the shallow stuff later this year. The infrastructure is all around them and there are plenty of processing plants near them so their only exposure is digging up what they have found and selling it for a decent return.

Don't hang up your boots yet as this is a winner.

Cheers SandyC