Bought some more of this one yesterday after picking up an...

Bought some more of this one yesterday after picking up an initial position last week. As a heap leach project this ticks a lot of boxes. Its shallow, the metallurgy works and the mineralisation is thick. I agree with an earlier poster who mentioned the pilot operation planned for next year could be very interesting. You are looking at a high grade segment of the deposit which literally starts at surface. There will be no need for expensive toll treatment and the starting capital should be fairly reasonable. It may only be 10-15 koz of gold but at a guess I reckon the margins could be quite exciting.

They can potentially re-capitalise the company while they gather valuable information for the feasibility study. The PEA will shed more light on the commercial strength of this project. I am looking forward to its release.