drilling to start this week. could be a ten bagger if results...

drilling to start this week. could be a ten bagger if results come in. very cheap play here and some good backers behind stock.  

Infant ASX Explorer Drilling in Days: Targeting Giant Gold Systems in Elephant Country

Our latest investment has numerous, high grade drilling targets over multiple projects in Mali, Niger and Cote d’Ivoire.
The targets are truly large scale, with strike lengths of up to 10 kilometres, across 4,000km2 of 100% controlled exploration ground.
What makes this story especially compelling is that several of these targets cover large areas of shallow artisanal mining – and yet have never been drilled.
If locals are digging gold out with hand tools, who knows what a modern drill bit could find…

Adding further to the story is the fact that several giant gold mines surround this explorer’s targets, including Resolute Mining’s 7 million ounce Syama mine, within 15 kilometres.
Big finds are relatively common in this region… this company is surrounded by no less than 8 separate multi-million ounce gold deposits holding over 32 million gold ounces.
Despite all this, our embryonic explorer’s market cap is tiny – currently just $3 million, and it holds almost $1 million in cash.
This means big leverage to any discovery hole while also having very limited downside from its current low enterprise value.
Potential upside is increased again by the tight capital structure – the top 5 shareholders alone control over 50%.
And the best part is that there is no waiting around for the action to commence – drilling is due to start in just days.
Introducing our latest Next Small Cap investment: