70 klm from lihir ,simberi was CRA now RIO golds push before they came across lihir ,there is gold in there hills of simberi island $$$$$$$ very cheap gold play they will be in production in 14 months %50 sharing 48000oz pa at a cash cost of US $160 &total resource of 1.5 mill oz & they have not even scratched the surface,the big wild card your partner is SIMBERI GOLD on the canadian stock mkt with a current mkt cap of $30 mill & ALD mkt cap $14 mill diluted plenty of upside in this one ,once the bull mkt correction is over in GOLD look out for ALD they are timing all this perfect.own some you will make money $$,DRILLING will start june 1 on simberi & %99 sure it will increase reserves by at least %50...........
ALD Price at posting:
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