Ann: Rock Samples Up To 14.5g/t Au Confirm High Tenor at Saki, page-97

Hi Drifta,
owning rigs sounds great but as yet have not seen the source of this info.
no mention has appeared in recent co. announcements.
Are the rigs in working order? Is a dozer available to cut trails and drilling pads?How stable are the soils to safely proceed to targeted areas.

In early life, Asculpeous has tramped many trails in Irian Jaya and Papua New Guinea,so is a little aware of the geological difficulties.Nothing is impossible:it's only a matter of the cost, and whether this can be borne depends on the orebody. Again there is little informed opinion as to the economics involved.Why did prior owners walk away?We like to believe the storey that the company was so astute in picking ip the tenements,but there may be other reasons.

It took time to establish the fact that the mine is currently for sale by administrators, not the Gov (as far as known by A.)- who naturally should have an interest.Why the distinction is important is that the Gov. could do a "sweatheart deal" with anyone-e.g.the local tribal chiefs etc whereas an administrator need to gain as much as possible for creditors who are not usually interested in ongoing deals but just want out.

It's great to have enthusiastic posters but the fact surrounding FNT are difficult to get hold of.A. asks some questions a while back and received 0 responses.Perhaps there were no answers-or more likely best not asked at this stage -but they need to be answered longer term
Not trying to be a down-ramper(Asculpeous has a significant holding ) but won't commit further until the facts are clear. When all the facts are clear, we will see a re-rating of the sp.

At the moment we are in the hands of the algo traders as evidenced by the buy sell:
buy 3730876 shares sell 3787747 - a nice cute array to block retail traders from taking "best price" positions

Nuff said .