Hi NWMan, good to have you here on the forum and interested in...

  1. 926 Posts.
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    Hi NWMan, good to have you here on the forum and interested in this great developing gold story. You are right, management found the monster project nearby called Kibali (found by Klaus at Moto Mines) it is a 17m oz project. In presentations to brokers last year Klaus explained that they think they've found another one as the mineralisation is in the same rocks as Kibali and there are a number of similarities. Whether or not it is as big , it doesn't matter - its already showing that the deposit is open in all directions so far across 300m and along 700m and the key for me is that all the holes are still showing gold right to the bottom and from the surface.
    I think the market is holding off , expecting a capital raising is required, but I think management will have this covered from large shareholders already.
    Good luck Watchman
    R
 
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