There have been a few good discoveries recently in NZ. One is SNG's Takaka's project at Sams Creek. I recently visited the project and locals. My opinion on that project is it carries too high risk and not investable in the long term. Federation has a great project at Reeftons Snowy River. (worth watching) . IMHO Santana's project is the better. I'm aware of the neighbours and issues and will be visiting the project in the near term.
Good luck to investors I think this will offer best shareholder value going forward.
SMI Weekly Chart.
Ann: Exploration Update, page-9
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