new announcement progress report, page-10

Just got in at 27.5 , I hope it's good timing given assembling the mill & processing plant .Some of these emergers must look attractive to more established co's with cash flow .The Zinifex bid for Allegiance(today) is opportunistic in this regard ie buy an emerging producer at explorer prices. Anyway will buy some more QOL if price falls further as feel China & India will still need resources even if US has a recession .Watch the oportunistic takeovers by the majors in the resource sector .