I think you are very wise. I wouldn't even pay 30c myself. But there should be plenty of time and opportunities to trade between now and eventual drillhole assay results. I am also watching that cyclone off Port Hedland and wondering how much rain it could dump in the Eastern Goldfields.
I did all that work to give myself a much needed cold shower. It wasn't easy to place ST on the aerial imagery, but having done so, I was then shocked to find a bulldozed track running right alongside the prospect. My assumptions about it's remoteness were wrong.
On the plus side, it will be much easier to get the heritage survey done and to get a rig in to ST. And therefore quicker.
But on the minus side, it is no longer the remote and untouched prospect that I had envisaged. It will have been looked at before, probably by a number of individuals and/or groups. And anything blindingly obvious would have been found.
Thylacine, I am not so sure as I haven't had the time to look at it in such detail. But again, anyone who has, input would be much appreciated.
Back to work!
MHK Price at posting:
34.0¢ Sentiment: Buy Disclosure: Not Held
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