Ann: RC Drilling Commences at Strelley Gold Project - Pilbara, WA, page-308

Out in WA, no impact. It's a different country, near enough

GBR's turn yesterday was impressive - 105% up in a day, and 10% today on top of that.

That's why I keep my patience here - we're valued near enough at the bottom of what can come to pass with the land we hold in Strelley, and with the already proven emerging story in copper at Nil D. As a result, any SP fluctuation is unlikely to go much lower than 15% of where it is now, and when it does, people like @AceRimmer and others will snap it up for a measly $1-2k.

So we wait and we hope for the possible scenarios in the near-ish term...
1. Copper prospects grow - SP goes up a bit every time
2. Gold of 1.x g/t or more intersected at strelley, and open... we go up about 3x IMO
3. We don't hit anything of note in the next results... might lose 10-15%, and slowly stabalise at about 30m market cap / 30c SP


Don't get me wrong, I'm getting itchy waiting, but I feel that this is like GBR.... a low risk with respect to SP depreciation, with a potentially high reward if something sticks