single biggest dog on the asx , page-10

If you look at the CRJ tenements at Lake Torrens the gap at Andamooka Island is the ARE/SRL block. They have an initial budget of $7 mill for that small block. CRJ will need a lot more than that to cover all the ground just at Lake Torrens. They will need a partner with deep pockets.

ARE/SRL will probably strike mineralization as they are following up old data from WMC. That will put interest back in this stock and hopefully help close a JV or two to fund the drilling on some of CRJ's ground.

This has to be close to the bottom and is good buying if you can wait a bit longer.