Ann: Increased Resource at Murchison Gold Project, page-27

re: Ann: Increased Resource at Murchison Gold... Can you explain what "people like 99" are?

This stock is reminding me a bit of JPR that was also supported by RBS. That dragged on forever and is still just plodding. Between regular cap raisings and difficult foreign policy the sp never gets a chance.

But when foreign plays come good the reward can be spectacular. They are generally worth a risk because they are heavily discounted. Labour market makes project costs favourable. Tax incentives provided, etc.

Just don't expect all plays to pay off. We can only minimise risk by researching countries, politics, history.

I never saw Jinka as a bargain. It's a bread and butter operation. Good reserves. High cost (being Australia). Good return but not spectacular.

Andash is still the wildcard. Not costing much to keep our foot in the door.