Calina, A take over will be hard considering the spread of shareholders and not all shares have been released, but not impossible. Your right to say that the big players are taking notice and will keep an eye on this deposit. But what surprises me is that how little attention the market gave to the fact that the latest announcement shifted the reserves up to measured and how little investors understand the value of this JORC resource category. It is saying that this is what the resource should be using all the rules and standards to start moving forward towards a mine! Many other resource companies have little or no measured resources and remain in the indicated or inferred categories. In geotechnical terms this is a huge achievement and surpasses anything I have ever seen in the past to prove up a huge resource in such a short time and at low cost yet the investors are not digesting the information.
STB Price at posting:
$2.35 Sentiment: LT Buy Disclosure: Held
