A good read. Significant points in Summary (1) Pungkut COW is a...

A good read. Significant points in Summary (1) Pungkut COW is a "gold province" rather than just a gold project (2) highly likely that COW will host a number of significant mining operations (3) Sihayo area likely to contain a very large gold resource (already 610,000 ozs @ 2.7 g/t inferred resource). This area hosts a large hydrothermal alteration system 5 kms long. IMHO my guesstimate could be (5000m length x 40m depth x 200m width) x 2.5 t.p. cubic meter = 100,000,000 tonnes. IMHO this is a 2-8 million oz gold target !!!
(4) 10 targets under investigation (5) So the total potential tonnage of ore could be much larger i.e. Hitam is currently being drilled as a seperate 1000m x 1300m structure. IMHO whichever way you examine these targets they are many potential multi-million ounce targets on the property. My estimates are that the current inferred resource of 610,000 ozs is contained on 3% of the mineralized strike. Further exploration and drilling work will define grades and tonnages. Current market cap is around A$11 million. Upside has 10 bagger potential written all over the project over next twelve months.