I hve recently started to take a smallish position in this one.
Reasons:
- proxomity to China.
- secured a JV with a listed Chinese Co (nearly all mineral Co. in China are totally if not largey Gov. backed).
- securing a great source of ongoing funding.
- the resource is above average with expansion to come.
- the opportunity for growing the JV accross mineral classes and geographic location seems amazing.
I will continue to add to my position as funds come to hand as I agree with the the general consensus that one day, some left field news will cause this one to be massively re-rated.
Good fortune to holders.
K
VAN Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held