I think its encouraging- "sophisticated investors" are prepared to buy in at 30 cents (wasn't that long ago it was below 20)- they aren't in it to make a few cents then sell so as a few have stated it may stifle any upward movemnet for a while but it also creates a high support level. Tripling the drilling programme and more annoucement and I really liked the "large" comments!
"Castle Hill and Broads Dam have exceeded all expectations. Castle Hill is now an extremely large gold camp open along strike and at depth and is likely to contain 2 to 3 very large open cut mines"
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change of approach from the board, page-19
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