daytrading march 13 morning, page-5

SOC

Made offer to Gossan yesterday, already have 60% acceptance

"At Hobbs, a 313m verticle hole returned continuous gold at 1.42g/t, this hole ended in gold .... Mineralisation could potentially extend to 900 meters and it is Sovereign's intention to expedite drilling of deepholes"

Ties in nicely with Gossan prospectus where they say Hobbs has potential to prove 1.7M oz gold

This is one hell of a BESBS opportunity, as they have reliable historical grades, but nothing priced in yet.

The Australian put it nicely last year ... "It is about the closest thing you can get to the sort of high-risk, high-reward drill holes you see the oil and gas boys chase. Needless to say, when the first of the deep holes at Mt Adrah kicks off, there will be plenty of onlookers."