Abuman - I have an EPMA adjoining SMC on the Woolgar River - 6...

Abuman - I have an EPMA adjoining SMC on the Woolgar River - 6 -8 klms west of the bonanza discoveries - same geology - gold mining leases of SMC abutt - on the Woolgar Fault ( present discovery is on subsidiary parallel faults but a lot of the old mines are on the Woolgar Fault) approx 30 sq klms in area- should be a hot area if SMC produce the goods.

Nevertheless try and raise a dollar in this market even if you are a top prospector-you have to plead with people despite your track record-people/companies are either frozen with fear, have no money or are simply yesterdays men -the worst I have ever seen. And with hundreds of juniors almost on their last legs -with no hope of raising any money you have to make sure you pick a survivor. I have more 'goodies' coming up -but need a big strike by SMC to raise some seed capital -or men with vision who know the value of having two bob each way pegging tenements !!! Incidentally mining tenements have much more capital gain potential than buying stocks -the leverage for the outlay is one hundred times stock scenarios-but it is still not widely understood by traders. You can still do a Mark Creasy and pull millions from one tenement -if you know what you are doing - despite the doom and gloom -and the changes in tax laws !!! And maybe it will get that bad they will reintroduce Section 23p -all sales of mining tenements by a bona fide prospector used to be tax free. Notice hardly any discoveries lately -maybe the boffins still need prospectors to find mines as they have done for centuries !!! Now I have got that plug in -------- TT