Have missed timed this one a few times, but looks like it is...

Have missed timed this one a few times, but looks like it is ready to fire and now presents a great ST play.

SOC

SOC was already grossly undervalued even before the Gossan acquisition IMO - they currently have 60% approval for takeover, waiting on remaining 20%

- 81% of PMR worth $25M
- $2M+ cash
- $21M exploration funding for 30% of specific tenements
- 239k oz JORC - Potential for 1.7m oz upgrade
- 10 or more tenements owned 100%, several reporting bonanza grades

Market cap under $30M

In relation to the Gossan JORC also, you can realistically double or triple that IMO. Only the first 120m count towards the JORC, yet mineralisation has been drilled to 313m+ with mineralisation at continuing at depth. Very easily could prove up 1m oz+ on a few deep drill holes

This is the best BESBS play around at the moment if you ask me. Grossly undervalued already and if you consider that none of the upside of drilling Hobbs has been priced in yet, you can be sure when they drill it to 600 - 900m it will come up with the goods.