one to watch, page-15

I think Duncan Purcell has done pretty well with JRV. He has managed to get the right personel (Dr Bryn Harris) on board to develop a potentially economic ore treatment process. All this on a shoestring budget. They really need a cashed up JV partner as they have no hope of getting the finance they need any other way. The resource is large but relatively low grade. Duncan is no fool and has a large holding in JRV including his super fund. At some point you either have to place some faith in how he conducts the negotiations or just leave JRV alone. It definitely is a high risk/high return play. Basically do you back the canny Scot against the Chinese ?? .....