re: Ann: Clarification - Share Placement Anno... Hi Redskippy,
I understand & totally agreed with you. THR management should NOT release and Ann to mislead the market. However, what MITS & I are pointing out is that Dundas is in the SAME area as SIR's Nova discovery.
Although NOT located on the exact corridor (Nova is in the Nickel Corridor & Dundas is in the Gold Corridor bordering the Nickel Corridor)...Dundas still lies in the "SAME NEWLY DISCOVERED PROVINCE/AREA WHICH HAS NOT BEEN EXPLORED EXTENSIVELY BEFORE" (Proterozoic Albany - Fraser Range geological province).
The location of Dundas (THR) & Nova (SIR) is within Dundas Natural Reserve (in WA) where access for exploration was severely restricted until 2006.
"The recent discovery by Siruius Resource (SIR) of intrusive related nickel - copper mineralisation, provides further evidence that this new province is the NEW GEOLOGICAL FRONTIER WITH POTENTIAL TO HOST A VARIETY OF DEPOSITS."
Either way, releasing an Ann regarding Dundas & its location (with or without mentioning SIR) with a detailed map showing exactly where the major discoveries (e.g. Tropicana) around the area would benefit THR in the short and long run.
Courtesy of MITS's map (below)
http://hotcopper.com.au/post_single.asp?fid=1&tid=1810537&msgid=10538118
Just expressing MO & research, feel free to correct me.
Kiddo
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