so 2 months on , where's the drill updates, page-10

coud be right felsmad. If the aces line up, but its a lot to go right. :)

- Copper prices ^ looking to break out of its trading range, imo up, if the US and China continue to rebound

- drilling results confirm a bigger reserve than expected

- overall grades are good, above 1%

- costs in Mongolia remain competitive, ie wages

- M & A activity kicks in as forecasted. “[T]he combination of depressed valuations and some commodity price slippage may prove at some point irresistible to larger mining players with considerable cash flows. As a consequence, we see a new wave of M&A emerging,” Deloittes.

we shall see