An interesting prospect.However they won't get their Mt Ida...

An interesting prospect.

However they won't get their Mt Ida workings going until at least March 2007 and probably no gold production for another 3 months after that.

Also Genorah Resources will probably not be drilling for at least 6 months, so I would expect nothing special to happen to the share price for at least 6 months.

Certainly a 15% share of a potential 100 million ounce PGM reserve is an interesting prospect but it still might contain much less than that.
Guesswork at this stage.

I expect the share price to sag further in coming months presenting better buying opportunities. But this is my opinion only, DYOR...