Great results from first 2 holes and assays for further holes awaited. Major drilling program underway [30,000m] so expect a raft of announcements over next few months.
Market cap only 80 mill. 126.9 mill shares on issue.
$11 mill in bank. a T/O target as well with other Oz companies active in Turkey.The mineralisation is the type where you find bonnanza grades.
Read announcement dated 26/8.
Directors have been buying. 393k buyers - 191k sellers.
I like a Company with less than 150 mill shares on issue as any good news boosts SP more than a Co with 500k on issue. Announcement detailing current/future activity is what had me buying 29th.
Drilling full on now. Hold substantial tenements.
Check price move on 26/8.
Medium risk/high reward.
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