grade typo not 48m, 12m, page-29

Who knows what position the sellers were in. All we have is what weve been told via the announcement. Everything else is heresay. I have noticed acquisitions in the past that have seemed cheap and they were. i'm sure there were others that seemed cheap but were not. I can only assume due diligence has been carried out and the drills are correct. If so it has potential. potential has a value. the other thing is it doesnt take long to blow 6 million in drilling and exploration on virgin ground that often produces nothing commercially viable. On that basis if the drills are correct, it seems cheap to me. As always time will tell. my opinion only. DYOR