Ann: Significant New Copper Intercept at Mallee Bull, page-109

Hi Guys,

Eshmun is quite correct re; the reason for the drop off in SP as it had reacted to the great looking copper core photo's, today confirmed they are absolutely and without argument very good, and these added metres are great for days when;

1. the market is just better in general after a rough few weeks and..
2. as the Cu and Au market pick up, with base metals on the improve... gold up today!.
3. AUD drops-as predicted by many..
4. people start to realise the company is frugal and doesn't dilute SH's and their own significant holdings..
5. the JORC is reviewed and expanded as it must to include the latest Cu, plus the high grade ZN and Pb of a few months ago...

I'm very confident further holes will present positively with a range of valuable minerals, and that the bargain hunters will soak up every share they can in preparedness for the re-rating "from explorer to miner".
Mind you a take over offer would be opportunistic now in the low cycle of mining- and all it will take is one major buyer to set this on fire!!.
Accumulated a few today, happy to have paid a premium, but have no fear the bounce will be multi bag.
GLTA the stalwarts... Go away short term punters, kindly take a very long holiday, out of trading range.
Sarg