AUL 0.00% 28.5¢ austar gold limited

Seems the Vic Gov beleive there is "potential" for economic...

  1. 4,289 Posts.
    Seems the Vic Gov beleive there is "potential" for economic brown coal at Bacchus Marsh. Why would they point that out if they were against developing it and don't you think they would know if it was "potentially" economic? I know one of my reasons for holding MNM is the fact that BM is potentially economic. It is a "spec" stock and at the price of the stock now IMO the "potential" is worth speculating on. Not to mention Mt M and gold "potential".

    http://www.dpi.vic.gov.au/earth-resources/minerals/prospectivity

    "The Victorian Government is actively encouraging the economic and environmentally viable utilisation of brown coal resources in the Latrobe Valley. Elsewhere in the state potential exists for defining additional economic brown coal resources in the Otway Basin at Anglesea, Bacchus Marsh and Altona"

    B Rubes
 
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