bullabulling gold limited to list 2/3/12, page-7

Gwaihir,

Didn't Resolute divested Bullabulling in the first place? So imo, hard to see them coming back for it. But who knows.

Bullabulling Gold is looking great and a market cap of $60m makes it relatively cheap and probably the cheapest gold stock with large oz.

I have a feeling that a company like RMS or FML maybe interested in Bullabulling. RMS is on a decline as Wattle Dam's life is coming to an end. Its Mt Magnet mine has similar economics to Bullabulling. Yet Bullabulling is near RMS's Burbank plant with does the processing for Wattle Dam. When Wattle Dam expires in 2 years, Burbank can get feed from Bullabulling.

Though, RMS is buying DRM atm, if another bigger bidder comes in for DRM, RMS won't stand a chance to counter-bid a bigger rival. So Bullabulling Gold would be an option for them.