drilling, page-15

re: drilling---------pints Good on you meerkat. The old B&D has been repaired and they have a new, longer extension cord. I'm told by the "experts" that the probability on one particular hole is 50% which as you know is about as high as anyone would predict. The other holes range from 30-40% so, overall looking pretty good. Yes, they are still relatively speculative but are very cheap and have a number of strings to their bow which includes gold, possible nickel /cu and very likely source(s) of cash flow which will obviate the need for any further stock dilution (yet to be announced). 45km from Kalgoorlieis about as good as you can get (and it's in AUSTRALIA !). Great land, currently being drilled but yet to be fully tested. I don't think we'll have too long to wait now until we find out how good this location is. Can't get over their current low capitalisation considering what they have already and are likely to have ! (they already have more than this just in gold just lying around on the surface)!
Cheers