China Well finall spudded, will reach target depth within 10 days. Since yesterday far has strengthen and I think it should get ove the 10c mark in next few days to 12c our initial green target and to 15c with results or at least when close to depth. This is only first well so potential for next few weeks.
Another big news is the congfirmation of the US acquisition. That is a producing field already with still a lot of potential for further discoveries. All in all Far has great potential for this year, I think if one look at the program both in China and other projects plus also consideration of other mining opportunities, not surprise if far sometime this year perhaps after mid year to test 20c green target level.
Research yourself and see if you agree.
Bigprofit
far- green alert
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