mc 5m,cash2m,inv3m, ev nil - go figure hard!

80m on issue, roughly 5m at 6.5c

cash 2m,

investment worth 3m.

leaving a fat nil EV for the coming Xstrata funded drill.

I have seen many undervalued small caps in last couple of months, but this one.....is a no brainer!

Someone is smiling big time accumulating at this level.

Looking for 6.5 to hold, higher swing low on charts.

Entering 4th Qtr, Xstrata drill can't be far