Plenty of weak cats out there today but i'm pleased to see the stock showed a bit of resilience late in the day.
The quarterly report wasn't all bad. Besides the obvious huge Jinchuan deal the trial processing of the toughest possible ore at Helleyer seems to have been successful.
The two holes that they shoved down in Burbank didn't exactly set the world on fire but given that the access to that place is currently harder then making it to the end of the Kokoda trail I would not read too much into it. Burbank does need a much more intensive and planned effort later in the day when the cashflow from Avebury starts rolling in.
Looks good to me.
Chinkiat
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
