re: potential of caz........

The following has been copied from the CAZ thread:

Hey millways

The level of phosphorus is certainly a key issue but a smell tests of any signs of Bowler and Carpenter contamination is far more important....lol

I'm keeping UKD on my watch list for the moment.

Iron Ore
* Geographically, the UKD ground has positive potential and results from field testing/drilling will be closely watched this quarter.

Diamonds
* Ellendale has been very kind to KIM and so it appears that UKD are searching in the right area, however searching for kimberlite is like trying to find a needle in a haystack. I say leave the diamonds for someone else.

Bauxite
* Waiting for assay results. Could be onto something big here.

The company is cashed-up at the moment and the directors have excellent credentials but I can only see an entry point in the low 20's as justified