kingsgate moving ahead with bowdens.

Have a look at todays announcement from KCN, looks very promising for RCO. Favourite line quote from the announcement:

"As part of the ongoing evaluation Kingsgate has confirmed the excellent potential of Bowdens with the completion of a resource statement in accordance with JORC reporting requirements. The resource estimate is 99 million ounces of silver (131 million ounces on a silver equivalent basis �AgEq�) using a 30 g/t AgEq cut-off grade".

And finally from the KCN CEO:
"Ross Smyth-Kirk, Kingsgate's Chairman said, "Given the large level of investments by global companies in the Australian resources sector, Kingsgate is proud to continue its acquisitive growth strategy by acquiring an Australian asset from an offshore company. Bowdens represents an important further step in establishing Kingsgate as a leading ASX-listed, mid-tier precious metal producer".

Ross Smyth-Kirk has recently also joined the board of Argent minerals (ARD), which is also a silver play.

Great news that KCN is very bullish on silver and getting Bowdens ito production.

RCO remains the "sleeper" IMO and I happily hold.