quiet acheiver.

The recent small placement was oversubscibed with investors scaled back considerably.

*Still only 133m shares on issue
*Newcrest is mining in the area
*McHillamy's, Newmont and Alkane's 3moz gold discovery is along strike from Lewis Pond
*Lewis Pond Project - JORC compliant indicated mineral resource of 6.35m tonnes grading 68g/t silver, 2.4% zinc, 1.5g/t gold, 1.4%lead and .2%copper
*Lachlan Fold Belt is apparently a world class mineral province in NSW
*Feasibility study completed for Woodland Retreatment Project with the silver tailings alone at 31.86g/t
*Market cap less than $12m
*Silver currently $US24.80
It seems this share may offer an investor some upside to the reasonable resurgance in base metal prices.
Cheers,
Stumpy.