Little known facts:
EP54216: Laneway Resources: 5,613 hectares (Gold, Silver)
EP53469: Laneway Resources: 4,604 hectares (Gold, Silver)
51326: NTL: 299.2 hectares (Gold, Silver)
60144: Newcrest: 405 hectares
@robbo24 you probably know that the Chinese are going on a handholding tour of the interests of our landlocked neighbour in New Zealand with permit 51326 (Gold, Silver) as I see you have an interest in both LNY and the 'other' stock.
They are 'landlocked' by LNY's EP54216 which surrounds them and is at least 18 times bigger.
Above that lease is the solely owned parcel of 60144 (405 hectares, entirely owned by Newcrest: Gold, Silver, Copper, Lead, Molybdenum, Iron, Zinc). Funny how Newcrest can find so many different metals in their small area. Maybe they've used a bigger metal detector . To the north east of that lease is LNY's EP53469 which is 11 times bigger.
So you presently have the Chinese interests (Amer International) looking at a relatively small parcel which is landlocked by LNY's two much larger leases (as well as by Newcrest's smallish 60144). If this was a "Western", you'd be saying "Come out with your hands up.... you're surrounded!"
Curious don't you think?
Cheers,
Tangrams
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