game on srm puppy owners!, page-2

this thing may well be 50c on anticpation of getting this Bunawan lease and anything north of that on drilling success. I don't know of any other listed company with this sort of quality lease pending? This has been some time in the pipeline and its a fantastic drilling target that is almost identical to the Medusa deposit. This impressive lease, remains virtually untouched by modern exploration methods.Given the current surface mining, i am expecting some high grade , near surface hits. The gold grade of Medusa is somewhere around 8-10g per ton and their production costs are like $260 per ounce. Grade is king up in this area, i would rather 1m oz deposit with that grade than all these other listed 1m oz players with 1.2gpt. No competition. Of course, i am hoping this will be north of 1m oz given its geology. Should be an interesting ride by the looks of things. dyor