anyone watching this, page-9

Vayama - I can understand your point regarding it being reasonably fully valued at today's prices, however you need to remember this is putting a value of Minyango at Nil.

These resources were already reasonably good however if JORC complaint resources increase and substanitally increase the indicated as opposed to inferred amounts, we should unlock a much more confident value of these assets. Although this will not be mined for a couple of years the mining size could bring in about 3million tonnes of 50%coke and 50%thermal should bring in some large profits in the future.

You also should look at the potential revenue/commission which will surely come from the Magatar System which Caledon has Aust, NS and Indo rights to (Not sure is that is the actual best wording, however definitely get a bit of a kick back.)

I personally found this comment a little offensive, 'as though Australian investors do not have a clue'. I am an Australian Investor and if I was buying on the ASX I admit that I may be a little cautious after a big spike which has taken place, however the fact is that the chart is going crazy for one simple reason, and that is because Polo Resources (Stephen Dattels) is/has been buying up stock at up to 139p, or just shy of $3/share. Why he has been doing so is the real question and is reason enough to buy in my opinion although DYOR.

I would however like to hear you opinion on probable reasons of psuhing the price so quickly as I am sure that some of my fellow Australian's may be able to unlock the answers to this conundrum.

Have a good day, up the Maroons.
Bob