Well I'm not to sure that I'm impressed with this announcement at all. Yes, it's good that there is a possible gold deposit on SSC tenaments - but why did Renison not pursue it more vigorously? Also, the tenement is only granted to SSC for a few more months. I would be annoyed if they switched their focus from getting Peelwood up and running to throwing money at a possible gold play. Drilling is expensive and they have limited funds which are needed for the Peelwood mine. I hope they just stick with some computer modelling and save the drilling for when they have income from Peelwood.
SSC Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
