Time for the RC rig to come in and do it's job and drill further at depth and hopefully find many more of those nice nuggets .Talking about nuggets we hold two Larkinville tenements 75 % owned by us now one of Australia's largest nuggets dicovered in history called the Golden Eagle in 1931 was discovered at Larkinville weighing 1,135 ounces.Now i would agree that the company is undervalued at last price and would should be around 22 cents as Morning Star states as fair value and i see why.#1- around 3 million $ at bank #2-near term royalties of aprox 8 million$,#3-1 to 2 year's of toll treating of 5,000 tonne of ore per month at Burbanks mill.#4-jorc 2012 compliant 2.41 g/ t for 112,280 ozs Now at today's gold price it amounts to aprox $ $300,000,000.#5 -fresh new management team focused on putting the big picture together.Not many junior's go anywhere near what is on offer so far with our Maximus we have finally turned the corner to a new bright futute.
MXR Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
