banjo ...... I gotta admit that those old newspaper clippings whetted the speculation of Woods Point re-discovering its bounty as a mining town once again.
Along with the 2008 jorc resource that promised a gravy-train yet delivered a cupful of rubble it seems. (p.s. That 2008 jorc would not be the best work done by Morrie Goodz I would hazard a guess considering the lack of gold from Maxwells & Burns ?)
I abandonned ship when the salt air vapourised my dreaming (after 4 years) about the same time Mott Ryan (ex-mine manager) left Woods Point for other destinations ... & simultaneous with the sp falling after hitting 51c.
Hopefully the co. can pull off a Lazarus & focus on achievable success's. I agree with Mal that the regional drilling has seen a recent history of being all over the place - seemingly scattered & unfocused. In 2007 it was Waverley. Why didn't the co. stay focused & drill out some resource ? Why wasn't Hunts ever drilled considering the high grade historic drillhole hit ? What the blazes is happening with Rose of Denmark considering there was one announcement that mining had started in late 2010 (1/10/2010 announcement) ? Hs the co. ever reported any gold from RoD ?
Seems to be a lot of unanswered questions were a bit of transparency would be welcomed by one & all, so that we can all get our heads around what the inside story really is.
Hopefully Lazarus is just around the corner ........ weighed down by bullion.
MCO Price at posting:
11.0¢ Sentiment: None Disclosure: Not Held
