re: Ann: NEW EXPLORATION TARGETS CENTRAL QUEE...
Val,
There is always money around for quality assets. Another stock i own Eastern Star Gas(ESG)holds a world class asset and is gaining attraction from overseas major's. Lending is tight and metal prices have dropped but a quality asset is still a quality asset.
I think Zamia Gold will prove themselves the owner of a quality asset after this new drilling campaign is completed.
I wish it was Gold or Copper but its not. Its Molybdenum, and there is very few high-class Molybdenum projects in the world.
Hopefully this proves itself one of them. The early indications suggest a potential 300 million tonne resource. At a market value of only $8m at current i'm happy to sit and wait through this latest drilling.
ZGM Price at posting:
5.7¢ Sentiment: ST Buy Disclosure: Held