Among all the laughter and noise, Truly feel for holders who got burnt. Stop losses are indeed vital!
- at current levels, market cap is around 15mill. They have around 22 mill cash in the bank ( JV with Norton Gold worth $20m for a 19.9% stake + 1.9mill cash. ) So they stand cash-backed at 5.2c
- Gold assay results should be released this month. "Phase 1 of the 14 hole, 2,380m Reverse Circulation Percussion (RC) drilling programme is anticipated to be completed in approximately a fortnight with initial laboratory assays expected within four weeks of finishing drilling. "
- Also have a decent iron ore project in WA.
All the best holders, and hopefully many lessons learnt.
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