olympic dam-style copper-gold deposits

This survey could be interesting and is cost-free up till the point of follow-up drilling....

According to Investorweb's summary, 'Gravity Capital Ltd today announced that Falcon would be flown in the Cultana area in SA, where the targets are Olympic Dam-style copper-gold deposits. The survey will be flown under two farm-in agreements with Eagle Bay Resources NL.

Eagle Bay will cover the costs of the survey and Gravity will retain an option to earn an interest in the project by drilling any targets that Falcon identifies.'

Gravity has drifted down markedly in recent months but has some exciting targets coming up at Ellendale (diamonds) and Broken Hill in addition to the new survey just announced and has plenty of cash to pursue whatever their top-flight technology uncovers.

The stock may be down, but it's definitely not out. Time to get some runs on the board though I reckon. This thinly traded stock has shown the ability to move quickly on good news and was as high as 72 cents late last year.

Worth accumulating at these levels IMO but check out its prospects independently if interested.

Gupper