1)Gold exposure. Potential near term low cost production from the Windarra tailings. Initial JORC of 113,300oz @0.78g/t gold. Scoping Study completion in Feb 2010.
2)Salmon Gums project
gold-in-soil anomalies peak value @ 236ppb gold Vs Tropicana deposit (+5Moz gold) held by AngloGold Ashanti peak value was 31ppb gold. Go figure!! Drilling has commenced.
3)Sunday project
4 metres @ 16.68 g/t gold including 1 metre @78.97g/t gold. Further drilling has commenced.
4)Quality people
Senior ex-Placer Dome team - track record in excess of 15Moz gold discovery.
5)DJ Carmichael report - spec BUY (8/12/09)
Taylor Collison - spec BUY (14/12/09)
6)Gold price at record high. TON undervalued compared to its peers. Shares tighly held. Market cap ONLY 10 mil. Unlimited upside, and i mean HUGE unlimited upside!
6 good reasons
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Buyers (Bids)
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|---|---|---|
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