There are two other short/medium term movers for this stock.
1.drilling at lake Margaret for high grade copper and gold.This was granted on 16 Dec with CLY(25%) and has largely fallen outside radar for both companies. drilling expected within next 6 weeks.
2. The tailingsin Hellyer and especially the study to for gold. It is estimated their may be upto 1.3m oz and the recoverable will depend on which process they decide on.
The planets are aligning.
BSM Price at posting:
44.2¢ Sentiment: Buy Disclosure: Held
