Bottom line I think is that there is really no spare money out there in the market place generally and people are holding on to what cash reserves they have for a rainy day.
I really don't expect this stock to rock and roll till the first gold pour actually happens....and if the amount of gold recoverable/processed at the mine is as the company predicted and even at a gold price of say around $850/oz...then this quite little quite achiever shall fly high.....I see figures reaching between $2-$3 just on this project alone very soon...and to top it all off the shares are being held fairly tightly and in reality not many shares were originally issued in this company....
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buy recommendation in the australian, page-6
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Anthony Noble, MD & CEO
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