gold pricce alone not doing it

In common with many micro and junior gold stocks around the world the rising gold price alone is having no impact on company SP.

Rather, there seems to be plenty of sellers waiting in the wings (just my impression).

So what will it take?

Unless they can find a way to produce gold at say $330 per OZ - it seems the best option is a substantial increase in JORC - as soon as possible.

To my mind the obvious place to drill is in the potential southern extensions of the Alpha and Phi lodes - and yet, as far as I am aware, there has been no drilling there in the current campaign.

It appears that there has been some drilling to the south at some time in the past but I have not seen any results or reference to any drilling there.

So what is the story - has there been drilling to the south at some time and the holes were dusters?.

To my uneducated and unlettered eye it LOOKS like there may be gold in the potential southern extensions of alpha and phi and I would like to know one way or the other before the cash runs out.