Ann: Strong results and further discovery at Bombora, page-34

morning all,

lots of luck buying in a position cheap before our 'transformation' assay comes out


Which will show 'depth'.


Funny little word 'depth'

one wouldn't think it could equate to 'transformation' ------------- but, we shall see.


Whilst one could always have a sell sentiment on any stock - because all stocks go overvalue and undervalue in their lifetimes -

getting out of Breaker is fraught with danger at any time IMO.

I have taken a punt and lowered my position with Breaker in the last year - then, bumped it back up again as soon as I could - and, every single time felt uncomfortable when I had less than I had had at one point.

At this stage - I am probably placed well enough in it if it's what I think it is - <1 million but, > .5 M - I will hover in there somewhere I think.

If it's as big as it is shaping up - I won't need any more - but, more would be nice, if I have spare cash in the future - we shall see.

I seriously doubt if anyone who knows anything about Gold at all would have a sell sentiment on Breaker - other than for just thinking it might be a tad overdone at the time - or for portfolio adjustment reasons - or needing to get the cat desexed and pay the vet or similar. However, even if Breaker does go over the top on SP at some stage (I don't believe it is atm - indeed, I think it is underdone because IMO - most of us are only counting the surface and not counting much below - which is up to the individual) - then, even if the SP is considered to be over the top ------- I have said - since, hmmm - not very long after I brought in - certainly after Bombora South really came into the picture - that Tom and the team could hit anything with any single drill on this project -

and, we may well have done that - already with BBDD0020.


IF (if) we have hit this in a big way - then, really - think about this ----------- we have only put down a handful of diamond holes ----------

AND - all we have been looking for is structure ----------- ie. - how did God lay the ground out underneath us?

ie. We have NOT been looking for GOLD in these diamonds --------- just structure - and, only a few holes.

So - if Tom has driven Diamond 0020 right through the guts of an ore body - it can only mean one of two things


A. He has the luck of the Irish at this so very early stage or

B. Maybe it's not that lucky - maybe there are ore bodies by the hundreds under here -and, yes, although it still needs a bit of luck to thread the needle - if there are hundreds of them - then, - well, it's a lot easier to jag something if there are hundreds of the buggers as opposed to if there are only a few - like jagging salmon or mullet.


Now - when I look at the history of the Golden Mile - that report I put up the other day - at that stage it reported that the Mile - had 800 ore bodies in it -------------- AND, already - Breakers system is longer - not as wide yet and depth to be proven - but, depth could come next week or the week after.

Add in the pathfinders that make this at least a cousin of the Golden Mile - maybe not a twin and maybe not a brother or sister, but at least a cousin - and, with 'such' an amount of lamprophyre ---------- which is 'irrefutable' proof that this comes from DEEP - then, one begins to wonder just what size this monster is.

Whilst it may sound like ramping - one just cannot get away from the comparisons with the Golden Mile - I am not making this stuff up ------------- Lake Roe has the length - it has the shallowness - it has every indication of MASSIVE depth - which may well be beyond question on Diamond 0020. It has location - ie. for infrastructure and transport. And, without a shadow of doubt - it HAS gold - and LOTS of it - any reference to any drill program that is now reported in just screams gold. When one begins to line up these facts ------------ does this sound more like a $20 million dollar show or a $200 million dollar show - at this stage?

To me - yes, the MC will go up and down like every stock does - but, as the exploration goes on - the risk here is most decidedly up in pretty much any future time frame - unless someone works out how to extract gold from seawater or air at a couple of bucks an ounce - which is probably a tad unlikely


have a great weekend all


Pinto