dog, page-33

Interesting to watch the movements and comments.

For the record, i had been on travels in parts of Asia on business and pleasure and have finally got myself back in Oz. It seems that the firm is still on track to achieve its resource estimates. I find that many individuals who invests in junior resource firms have trouble understanding the cyclical nature of their stock prices and newsflow.

Newsflow is the engine of junior stock prices. What is clear to me is that this tenement is a high grade polymetallic deposit. Metallurgy is not fantastic but with increasing resources and high head grades, these deposits provide positive NPVs. That is the bottom line....

The financiers from the banks will only look at the bankable feasibility reports to establish if this deposit is viable. Charles and his management have kept the dilution low and have been prudent with their coffers. Their drill sets are providing more confidence in the resource estimates...but these things take time.

I still have my holdings in the vaults and will look to higher silver prices and increasing resources in the near term. I see SVL at 21cps shortly....