Nice to see a 12 month high close. Should keep steadily ticking...

Nice to see a 12 month high close. Should keep steadily ticking up as we move towards drilling at Pao which should commence in November (see latest presentation). This is genuine 'elephant' territory and any whiff of good results should see the price rocket. Remember that our current market cap is ~$20m of which ~$10m is held in cash and gold bullion and increasing every quarter!!

Best thing about this stock of course is the royalty income which means that even if the exploration side is a total dud (unlikely) then our downside is limited by the royalty income and dividend payments which should commence early next year.