all the talk of take overs is nonsense in my opinion.
why?
bc the big end of town who have pored into this stock above a $1 are not going to succumb to a P weak offer.
75% of the 400 mil shares on issue are held by the top 40 holders and they are in for the long haul.
gold is a cycle and all cycles turn just like tides turn.
the tides out atm but it will start to come in soon
$46 mil in bank
4.9 mil oz and growing
nil debt
great backing
multi project potential
other assets owned
low cost operation
shallow ounces
good grade
re rating is what you are seeing
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