go the gun

I believe one of the tried and true ways to unlock value from the market is to find an oiler or a miner between the point of finding their goal and becoming a producer. Particularly in that period when the hoohaa of the find as died down and the market does not have the patience to stay until the find is actually turned into production. Not as sexy as being on board before the find but a whole lot safer. (Still hurting from BAS, Zane Grey.)

Hardman and Oxiana, current market darlings with good reason, could both be bought cheaply (40 cents and 30 cents respectively) after they had had significant finds but were a fair time from actually producing. Hardman three years, Oxiana two years from memory. Those who stayed the distance have been amply rewarded with more to come.

On this logic Gunson Resources strikes me as being significantly under-valued. It has the significant find, second biggest known zircon deposit in the world, it has the BFS in place, it is currently negotiating with banks and customers. It has only 76 million shares and has been cited in some circles as being an obvious take over target fron Illuka. It is on target to be producing in a years time.

In short it is in that opportunistic period between finding and producing. With only a year to wait. Herron is in a similar position but not as far advanced. At 27 cents I believe Gun are well worth a look for the upgrading that will come as they get closer to producing.

Regards to all

Pagarsi

P. S.

To the Gun faithful, not trying to crash your party as a Johnny-come-lately only recently was given the heads up on this one and it looks good to me.