Ann: Puhipuhi Permit Transfer Approved , page-3

I disagree, it appears to be a more advanced exploration play than anything they have in Argentina, plus the country risk is a hell of a lot less than Argentina. Look what Goldcorp have suffered at Cerro Negro, operating in Argentina is by no means easy or transparent, wheras NZ has a better country risk rating than most other countries.

I think any company, no matter what size needs to be on the lookout for anything that either fits or improves thier portfolio of projects, its about reducing the reliance on a single project. Lets face it, most exploration plays never pan out, so the more shots you have at it, the more likely you are to succeed.