how good?, page-15

Linliu88,

Yes Mt Andewa definitely has huge potential and yes it will take time to prove up what resources FNT actually has there in PNG. Commencing drilling in new remote areas in 3rd world countries always presents challenges and more often than not unforseen delays.....

The good news is that the company is being proactive with it's drilling campaign by purchasing 2 new deep drill rigs from word go, so they can drill this tenement at depth where needed. Plus there also bringing in another 4 drill rigs in September to carry out infill drilling. Great decision by management.

But rest assured with 4 tenements to be drilled this year alone in PNG and also ongoing drilling on the Tasmanian tenements we will without a doubt see at least one if not 4 world class gold/copper deposits proved up by FNT and JV partner Ok Tedi mining.

Yes it has been slow going initially , but once those drill rigs are onsite and operational things should start moving along nicely. I would say by the end of September we should see some steady results from initial drill holes from all 3 of the first Tenements being drilled in PNG and have a good idea of what the company actually has resource wise. By christmas time things should be getting pretty interesting and perhaps we will have good reason to all celebrate this year if the results from PNG are as good, if not better than expected. Obviously we won't know for sure what's there until those first sets of assays from initial drilling come in from the labs , but i do know you wont have to wait 5 years to get a firm idea of the potential of these tenements!

Patience will be rewarded on this one!

All just my opinions and as always DYOR.