I’m not sure they have enough ground in the best zones out at Lake Rebecca but in saying that they still have some ground that sits right on the RMS boundary that may be a sale target to RMS now that the gold price is heaving. Remember we hold 1 Million RMS shares that pay a dividend from the previous land sale, shareholders also picked up a share of 5 million $$ from the sale and we also got a % royalty that we recently sold to BCN. There is certainly still merit in sending out more exploration to the area I just think conserving a healthy cash balance in this climate makes sense, save it for our best targets.
Dont forget the Mt Farmer tenements we snatched last year, they look very tasty too. I think we are just waiting on one more approval from the 3 Tenement package then maybe we can get out there.
A lot to like here & buying anything in the 4/5c range )))
BNR Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
