an interesting observation!!!!, page-16

I suggest that the assay backlog will be cleared over the Xmas break and therefore would not expect any results until Jan.

As for the current buying activity I can only put this down to the fact that the stock was oversold and maybe some interest from Helmsec report.

If you are looking for a short term spike by years end I think you will be disappointed.

Having said this I am getting very positive leads from the helmsec report and the fact it was weighted towards Guchab. Remember Helmsec would have been strongly advised by the SBR people and the level of confidence that Guchab is/will be a copper discovery of 10m t @ 2%+ copper is very very encouraging.

I tend to believe that Guchab will replicate Kombat and upon a comprehensive drilling program will uncover a similar resource. This alone should capitalise the company from $65m to $110m+ IMHO. The company making discovery still rests with Kaskara as everybody states if we hit substantial sulphides all bets are off and the price could go anywhere.

To me Guchab is looking like it will establish a resource and if it does then there is every chance the surrounding locale will also replicate.

So I have averaged down and am very bullish for 2013 we will get to a market cap of at least $60m in 2013 IMHO.