Not sure how many people follow this little stock but they are set to release results from their bulk sampling soon. The volume has picked up with no news around. My guess is a few "informed" buyers are out there. Upside huge compared to downside ($10 compared to 50c) and the odds seem to be in TAW's favour. A much better bet than many speckies I've seen.
The resource they discovered using BHP's technology (hence BHP own 70% of it) is 7km long, 2km wide and 100m deep i.e. Massive. Alluvial deposit which is only 6km away from a diamond mine that is still in operation since the 1960's and owned by DeBeers. Rocks found in TAW's deposit are the same type that are found with diamonds and since there are no other such deposits lose by it suggests the deposit was formed from the huge diamond mine by water erosion over millions of years.
Put this one on your watch list cause it's going to rock in this resource boom if they have positive results.
Cheers,
Munch
Not sure how many people follow this little stock but they are...
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