40% copper + au within trucking distance, page-25

morning all,

I fully agree this is an exciting area - and in the end I would be probably dumbfounded if there was not a large gold resource under there somewhere - whether or not we find it and exploit it.

What I do know is this (assuming we do what CB said yesterday).

Here are my predictions --
that there will be stunning trading opportunities in the lead up to proving or not proving a resource here. And I think these opportunities will be soon - this year.

We will get spectacular results from tests before the aerial survey - almost for sure (whether they mean anything in the long run is irrelevant). It doesn't take many sample readings to make fml jump, at least temporarily - and that's when you build your position.

If the aerial survey shows something good - then we will get another good move (again it is irrelevant if it actually means anything).

And then - if we get some spectacular drill results - wow, what moves will we make then -- (again, even if it comes to nothing).

Now - the above is about short term trading speculation and nil else, that is just the way small goldies work.

However, if you really want to speculate - have a look at geo maps, then ponder a little about salt lakes - they are amazing places - if god wanted to hide gold somewhere hard to find - my guess is a salt lake would come top of the list.

Then ponder this - how the hell do you prospect a salt lake let alone mine it -------------- well?

If this goes anything like early salt lake electronic prospectors ---------- when FINALLY we got technology to be able to work in those conditions and if you were one of the elite who could work in those conditions -------- you HIT IT BIGTIME ++

And that's how I think it will go here - fml is smart, we are also honest and tenacious AND cashed up -- if we crack this then the world really is an oyster.

The way this is shaping up - if we can be left alone to mind our own business is this --------

It is quite possible that Coolgardie may well become a big pit - who knows.
It is quite possible that the Mount will become famous in it's own right.

And now - a few hundred thou. spent in an isolated salt lake that most people will never get to see - just might be home to god knows what - the indicators are there, the history is there, the only thing that has stopped exploration and development was technology - and that is now there, AND we have it, and the cash to use it.

CW is right -- although this is a low key announcement - the market ain't seeing with vision - this is a big deal.

have a good day Pinto