Trireme,
some months ago I sent some bench marks for this stock before I made the plunge.
They have not been met-plant/drill results/ounces, but the market has moved enormously in their favour subsequently.-gold price wise!
As previously indicated I think, have spoken to the MD on numerous occasions-despite his quixotic trans atlantic Canadian Australian accent, the fellow is very approachable. His geology is as good as anyone else in the business-just needs his rightful share of luck.
The new Chairman should add beneficial contacts on the potentuial treatment plant side.
The quareterly suggested Board meetings concerning the pre feas study/negotiations with the owners of a plant. Timing implied from the quarterly, plus Borthinna drilling, would suggest the next few weeks will keep the MD even busier than usual.
I have been tempted twice , put orders below the market in the machine, but never satiated-that is my fault that I do not chase a stock.
Do I currently have any? No.
Am I a buyer despite my previous pre-requisites, currently yes -but a tad below the market- it would not surprise me that a) I miss out, not for the first time, and b) they announce something positive before I am set, (the proverbial happens).
We are in a boom, all resource stocks are worth considering-they just have different shades of positive colours! Not many are really wrong, just a question of how right you will be?LOL
Cheers,TAS
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