When the Bonanza Resource Upgrade came out yesterday it seemed...

When the Bonanza Resource Upgrade came out yesterday it seemed like a drop in the ocean and hardly enough of a drink to support the upcoming SPP. It was more like a wet dishrag, and some people even said the whole thing seemed a bit fishy.

Since Bonanza was a Maiden Resource in one of the previous richest areas, shouldn’t it be awash with the good stuff?

Maybe investors could hope for a flow-on from “The Inferred resource referred to in this announcement is contained in the lower reaches of the zone below 14 Level”.

Something about that nagged at me after reading the ebb and flow of the old mine’s history just the day before.

Before throwing any more money into the NTL wishing-well it might be a good idea to pour yourself a deep draught of your favourite liquid, and plumb the depths of the original Talisman here:
http://www.ohinemuri.org.nz/journals/71-journal-43-september-1999/1584-talisman-mine-karangahake

What’s in there could be lucky for some.