Saxby Gold Project .... Chase the Gold, page-22

Maybe interest in punting will return when the drilling starts or is completed successfully? On past record, if you are a newcomer you wouldn't want to place your punt too early, as they were beset by a range of issues last year at Saxby and only completed one hole. Who knows if that will be repeated, but maybe better to buy-in once its clear the drilling at l;east has or will be completed successfully, then await the results from the labs.. But if its successful, could well be a ten-bagger on the basis of some good, long high-grade intersections. Yes its deep, but it has very good geophysics to suggest it may be a large system, and at some stage, if it is a decent one, there may well be some much longer and higher grade in the mix than they have found so far in the early work. But if rigs don't break down, rains don't flood the area again, if drills don't deviate (again) from the planned path, I think the odds of a significant increase in SP are better than even. Upside is multi-bagger in the short term, downside, is a slide back (as happened with Cultana, Moby gas, inland gas, graphite plays and more). But the slide-back is a lot less than the potential gain, so heads we well (a lot), tails we lose (a bit). Let the drilling begin!