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gold !, page-13

  1. 1,507 Posts.
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    well guess the encouraging thing from the announcement is that

    "they may have discovered an extensive new zone of high grade gold mineralisation and balago"

    and

    "we believe there is potential for further high grade discoveries"

    said craig mckay

    - my take for what its worth and it may be worth zippo but craig is a conservative type of geo and if you read his previous announcements they tend to understate rather that overstate the reality as other minnows can.

    anyway, either way if the discovery turns out to be a bankable find then given with the existing 185,000 they will be well and truly off. you probably need to go mid term though so not one for day or short term traders yet.

    I would also like to see them finally offload mali and sweden as that is no doubt weighing them down

    just my opinion mate.. good luck which ever way you jump and am interested in your opinion when you form it.

 
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