I agree with you Jonks, no doubt there is further upside in this...

I agree with you Jonks, no doubt there is further upside in this stock, in the long run . However in the short to medium term it will all come down to how the company raises its much needed cash. If it cant generate any interest at $0.28c then the chances of another cap raising and this company staying above $0.20c is slim.

My take on this company is that the intial assays in the west musgrave region have not been so good and they have delayed the rest and they are still sitting in the lab yet to be processed. It looks like the company is directing itself and changing its strategy to south america and once it generates cash it will move into the position of explorering other tennements