lets hope bonanza gold drill results

Am very particular now, about any of these small cap exploration companies....(ie prior to investing)

This one though....really ticks all the boxes.

$30 million market cap....$10 million cash now.

100% owned Hera gold deposit near Cobar...150 odd holes had been drilled to prove up JORC resources of [email protected] of Gold. Company say could sustain an 85,000 ounce annual production....(profit $35million PA - my comment)
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Even more exciting, because adjoining this JORC resource is current drilling of 6 more holes... (Company say to add to existing JORC), first hole was completed last week-results awaited). A previous drill, years ago.... some 50 metres away, produced a bonanza result of 7.8m@ 15.2 g/t of gold and 12.5% zinc, 7.5% lead.

Additional drill results, without the overhang of pending capital raisings, is exactly what would appear to most investors.

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