update not far away, page-27

Having a look at this one.

Relatively small market cap, with prospective ground and what appears to be good management. My first three ticks.

My caution comes from a few things.

I've never seen such positive language used in a technical report regarding Andewa.Theres no real drilling yet though so theres some risk getting in at this stage I think. It does look like its in an old caldera. And the minerology around it suggests porphry copper/gold. As for the other excellent grades (they are excellent)theres potetnial there but no real drilling form what I have read.Massive sulphides dont have to grade espeacially if its mostly pyrite and even iron oxides or magnetite causing the IP anomoly. Geophysics arent always definitive. I've also done heaps of stream sampling and some of the sampling thay are reporting near Ok Tedi comes from this method. Gold easily accumulates in streams and may accumulate for many years. If its seived even more so. The grades are very high though.

Huge potential, still some risk. (Like all small cap materials)

Im not a chartist but that last spike tells me to leave it alone for a little while and watch. Espeacially if drilling Andewa is not for a while and money needs to be raised to do this.

All just my opinion. No position yet, well done to earlier holders. More research before making a decision.