Johnno, I fully support the idea of kmuirhead. Please read ASX reports over the last decade of promises, especially from the first pour of gold, and you may understand much better why perhaps you may be the only optomistic poster.
Extremely deep narrow veins are very costly and more challenging. The resource and grades sound wonderful, they always have for years, but no one who has read the announcements and understands this coy could possibly trust management, or even would question new managements ability. Dont wait to try fix something broken whilst still having the same management, look for something without as many problems, with better chances of appreciation in value.
Management is one of the most important deliverers, so AVOID coys with questionable history or connections.
As suggested, this coy success in mining has been of investors only. In the end it is your decision, but history research is the clue as to whether to invest or not.
On another note, who wants to be in specs when the world is in a credit squeeze, further odds against sucess.
CTO Price at posting:
5.2¢ Sentiment: Sell Disclosure: Not Held
