1)Gold exposure. Potential near term low cost production from the Windarra tailings. Initial JORC of 113,300oz @0.78g/t gold. Scoping Study completion in Feb 2010.
2)Salmon Gums project
gold-in-soil anomalies peak value @ 236ppb gold Vs Tropicana deposit (+5Moz gold) held by AngloGold Ashanti peak value was 31ppb gold. Go figure!! Drilling has commenced.
3)Sunday project
4 metres @ 16.68 g/t gold including 1 metre @78.97g/t gold. Further drilling has commenced.
4)Quality people
Senior ex-Placer Dome team - track record in excess of 15Moz gold discovery.
5)DJ Carmichael report - spec BUY (8/12/09)
Taylor Collison - spec BUY (14/12/09)
6)Gold price at record high. TON undervalued compared to its peers. Shares tighly held. Market cap ONLY 10 mil. Unlimited upside, and i mean HUGE unlimited upside!
6 good reasons
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Mkt cap ! $18.03M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $1.952K | 177.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3448227 | 1.1¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1494403 | 4 |
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