riversdale nearology, page-4

PC, dont always rely on brokers to make your investment decisions. I have some great contacts who know what they are doing, but you need to do research. At 2c and MC of only 12ml, I think the risk is well justified. The tenaments look great, good location, have massive areas of those Karoo formations, but it is left to management to prove up what is really there. If they can prove up excellent coal thickness over a good sized area & find some quality coal, then you dont need brokers on this one for it to move, someone next door will do the work.