Love it.
I'll post longer tomorrow but this one looks like a great short - medium hold.
> JV deal secured with BHP with drilling by them commencing early 2010.
> Gold drilling results due anytime now
> Commenced nickel drilling to determine whether there target is achievable with drilling results expected in the short term.
> 2mil in bank to so you would think no capital raising for a while.
Best part is that it's all for a market cap of 17mil. I'll need to look at the VWRAP for the day but I think most shares were changed over around 10 - 10.5 cents so looks set to move on once the press announces the JV deal and others do some research on it.
If it sits stagnet then the gold results will provide a good boost given they are targeting a area with over 5m oz around it with 2 identified key targets.
Love it.I'll post longer tomorrow but this one looks like a...
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