Based on their recent Sydney investors presentation it looks...

Based on their recent Sydney investors presentation it looks like Jumbuck is their new hope for salvation. What boggles the mind is that they have been sitting on this supposed winner for 3 years and done very little (some data compilation etc that should at best have taken a few months). Now they show maps with gold anomalies everywhere, gold drilling intercepts galore and potential by the truck load. Also state that there has been comparatively little historical exploration carried out over their tenements and then proceed to list a huge amount of past explorers who have been over this area (and some pretty respectable outfits to boot based on my knowledge).

No mention any more of the great manganese or tin projects, or the gold in South America. Think very carefully about chipping in any money in the cap raise that will surely come soon. Don't just accept those fancy gold anomalies at face value. If you get carried away looking at these colourful maps, think about who the past explorers were, why Trafford were able to buy this gem for $500K back in the day, why the mine was shut down etc.

The constant change in strategy and focus to me highlights (as many previous commentators have suggested) that this boys club is simple doing whatever it takes to keep the ship afloat and to keep paying those generous directors fees.