Just raised some cash, so they looking good for the next...

Just raised some cash, so they looking good for the next quarter. Good quality professional investors too by the looks of it. Drill hole 52 which is being drilled in 5 line segments as we speak, is going to be interesting, possibly a company changer.

The company only has a market cap of about $ 4 million. Just over 8 years ago, with the same project, same fundamentals and same prospects (possibly even less prospects than they have now), it was trading at 84c, now its ~ 2c [1/42 of the price]. Ditto for 10 years ago when it was 125c, and if you plot this company back to the 80's (maybe 90's, I don't have the graph with me here), it was trading at 1 200c [taking the 7/1 split into account]....same MD, some of the same backers!

I think, as this company was once described by an analyst, 'it is a gem in the dirt, waiting to be discovered'.

NPV of the current project pre drill hole 52 and any of the other current drilling, according to the analyst report several years ago, which is available on their website, was about 100c, allowing for the 7/1 split, this makes it 700c...... taking into account some heavy discounting and dilution, the share has the potential of going a lot higher than the current 2c (I hope!)