multiple high grade pods, page-4

This is only supposition..
Individual JORC timing,

A bit arse about but:

I think Rising Sun will be the second JORC upgrade, by August/September as the company continues to RC and DD to define a JORC compliant open pittable resource (as per the ann) They plan on drilling another 14 holes, 1.5km, in this small area alone to prove it up. So it has taken this long for prelims, it will take a little more time for the 14 new holes to show up, although they now have a new agreement with the labs so it should happen more quickly than previously.

*****And thats just one small area full of surface, near surface and deeper BRAND NEW pods*****

For a bit of perspective In the satellite view it is in the area of this small open pit



View Larger Map

or follow this link
http://maps.google.com.au/maps?f=q&hl=en&q=Tennant+Creek+NT,+Australia&ie=UTF8&cd=1&geocode=0,-19.649844,134.189667&ll=-19.716101,134.307851&spn=0.006817,0.009409&t=h&z=17

If you pan out and move left you will see the nobles nob pit. Look at this in conjunction with the the maps provided by the company on their website and it will give some idea of how consolidated the holding is, especially if they were to build their own plant... (It seems we would need a copper train on any gold plant now, and there isn't at Warrego i think.)

But first for a JORC upgrade would be Nobles Nob West (see grader/scraped areas on the satellite picture just south west and over the road from NN pit)


View Larger Map

or
http://maps.google.com.au/maps?f=q&hl=en&q=Tennant+Creek+NT,+Australia&ie=UTF8&cd=1&geocode=0,-19.649844,134.189667&ll=-19.716212,134.284923&spn=0.013635,0.018818&t=h&z=16

Diamond drilling at NNW has commenced this week (as per the ann) to coincide with site visit i guess... JORC upgrade for NNW won't happen until all assays are received and analysed. This should happen before Rising Sun JORC upgrade as the DD has commenced...

then there is NN, NNE, Juno, etc and then we can get an overall resource upgrade

It's there, but unfortunately we need time to prove it.

As for production, I reckon at least 2 years away...

All this is just IMHO, so do your own research i guess.

I hang on and hold, it is just a matter of picking your time of when to join the game for those that don't hold. Once this sinks in to the general market the price will begin to reflect the opportunities of this area.

Will you buy in at these discounted prices or will you try and catch the train as it pulls out of the station being careful not to trip, or run out of platform LOL?

It is a bit hard to tell without a timetable of when exactly it will take off, but I'm already sitting in gold first class waiting, and i don't really care when it leaves, but leave it will. WHERE WILL YOU BE, i'd hate to wave as we went past... LOL
VT