re: Ann: FURTHER EXCELLENT DRILLING RESULTS F... Resource...

re: Ann: FURTHER EXCELLENT DRILLING RESULTS F... Resource drilling usually doesn't excite the market but some stocks which have been neglected during the bear are needing a bit of a wake up call to return them to fair value - particularly the less liquid ones. Lets use the 60c that Anglo paid as a guide to the value of the current resource - though the level of certainty has improved markedly since then, and prices of the relevant metals are in fact higher now than they were at the time (it wasn't a bull market price they paid).

A new discovery would be great obviously - and the potential is not only at depth beneath the current resource, this just adds a new dimension. I like to think the existing deposit can stand on its own - happy to have that challenged, if/when you can find the time to have a closer look would appreciate it 2ic. Perhaps you may end up buying a few?