A further 29 holes are due for release and by what I've researched on this company, it has become obvious that a SP hike is imminent based on their activities and imminent mining of their very high grade ground in PNG.
It has been touted by the CEO that the ground will make them a major player in PNG.
The gold rich land is adjacent to the world class Porgera mine and has an identical foot print.
This is an exciting time to enter this company as I have last week, and look forward to their progress.
Major investors are supporting this company with multi million $ injections as it proceeds to become a gold producer. Their conservative pay back table is 4 years for appx $250mil, that certainly shows how rich their ground is.
GLA happy to be here.
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