great buy, page-4

  1. 5,867 Posts.
    re: great buy????downside "And" because you know a bit about east Gippsland (and probably considerably more than these cowboys from the west), you would appreciate the mining history of this belt through Aberfeldy, Matlock etc through to the Morning Star .(This is not Walhalla!)

    It is very small high grade pods that cannot support any meaningful production above 20,000 ounces per annum. OK for a private syndicate, way too small for a public company based in Perth.(But the grades sound good, ignore the widths!)

    Then check Peter Jermyn's track record back to the 80's!!! (Hint check out Trevisan as well).

    Lots of boyos from Perth wander through the valleys of Gippsland for a quick promote, justify a trip to the MCG at Grand Final time or the Spring Racing Carnival-wonderful stuff. But don't believe the blarney.

    Cheers,TAS
 
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