Ann: 134g/t Au Highest Grade to Date at Hercules, page-14

Very few gone through since the t/o offer was lodged so no reason to think most holders will take less once the offer is removed. If Qgold wish to acquire CWX, the best chance will be to lift the offer to where most holders would be tempted to sell.

The slide from 20c to 15c was on low volume and looked like manipulation, especially around the time of the RIU conference. Let's see where the sp is after BCA updates the Flanagan Bore manganese resource soon. BCA will eventually own 75% of the j/v once they spend $4m on it.

Plenty of upside here, including the jv deals with FMG, RIO and IGO. Copper and nickel are two commodities worth having in any portfolio. Add manganese and gold also, you get a feel for why a billionaire geologist wants CWX for himself.

Just my opinion