By Christmas we are likely to see JORC resource numbers on the...

By Christmas we are likely to see JORC resource numbers on the Coalspur prospect, plus the scoping study results on Hinton. The latter is important as it will allow analysts to start producing meaning research and raise the stock from being speculative. A decision on the crown tenements is expected within 10 days. So there is quite a lot of news flow to potentially put a floor under the stock fundamentally. This should start to be reflected in the share price given reasonable market conditions. This is an excellent buy and hold in my opinion. People should not be overly concerned by short-term price fluctuations at this stage.

G