I don't know how Newleyline will go, it is too early to tell. A bit more drilling or investigation will go a long way. I am more sold on the copper which I think is very impressive. It has been a long time ago, Allchurch needs some confirmation, that is to go all out to drill for his life. Copper is different from EPGE and is known to be concentrated in regions and Chile is home of copper. He will have a better chance of success. Labour cost is lower so are other costs, if he cannot do the work himself, delication is the secret. All he needs is to drill to comfirmed the previous findings. The run is on the board.
Newleyline is harder because the drilling he has done has not confirmed the rock sampling results. Yes, he can do more work on it. Meanwhile Allchurch must show that he is up to it, by speeding up with whatever he is doing with this new acquisiton. Many shareholders are not convinced he has changed.
Personally I think this copper project is exceptional. Will he make something of a go at it or will he like his track record do nothing.
I am here to make some return so I hope the share price will progress as we go along or even be rarated. At this moment I am like the 93 million that got into MAN at this level as there is a good opportunity for the share price to move up. Besides we are almost trading at cash box value. We don't have to worry about a capital raising as we have $16 million to do all the drilling he needs. So, Allchurch stand up to it.
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