SLR aren't interested in Trilogy (at least for now)
I don't know why others didn't see the potential at Kundip alone. It took Stirbinskis a long time to realign the company's focus to bring Kundip forward. Perhaps not doing this a lot sooner was their ultimate undoing. Post GFC even Blind Freddy could see base metals were gone and precious metals was where the money was to be made, at least for the next decade
Even reading back through the last 5 years of TTR/PRH announcements, there's high grade gold hits everywhere. The whole Phillips River region is awash with gold mineralisation. They consolidated the ground beautifully and became the dominant tenement holder in the region. No doubt why you invested. It's hard to believe that it wouldn't be big enough for some. MCR market cap is only $120m. Phillips River could be in production in 2-3 years whereas PNG will be at least 10 years away if they even find anything (they haven't even started drilling)
Looking forward to 2013/2014 when SLR really start to hit the ground running down there
Cheers
PRH Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
