2.5m oz gold for less than $100m

Would love anyone to advise a better gold stock than Phoenix atm.

This from their announcement last week:

? Total Mineral Resource grows to 45.35Mt grading 1.7g/t Au for 2,520,000 ounces
? Over four fold increase in under 2 years from an initial Resource of 595,000 ounces
? Castle Hill project grows to 1,178,000 ounces, remains open in all directions
? Over 100,000m of drilling planned at Castle Hill as part of 215,000m programme in 2013
? Programme aims to achieve the Company’s interim resource target of 4 million ounces
? Further drill results expected early in the March Quarter, 2013

The project is in Australia and market cap per Commsec is $70m though suspect that is not undiluted. DYOR and thanks thedoors for the tip on another thread, copper in Brazil if I recall, over the weekend.