With the commencement of the very exciting drill programs at Red...

With the commencement of the very exciting drill programs at Red Mountain its important to put this play into perspective and and the current share price.Red Mountain according to consultants RSC holds all the right structural ,geochemical and geophysical attributes to host a Mt Wright style deposit or 1.1MIL OZ or Larger.!!If this project was owned by one of the bigger companies they probably would have had 40 holes in it already “its that Exciting’!!So while its being drilled and the current share price already represents a significant discount to what the company should be trading at you are getting this project for free and the share price will continue to re rate on the Dulcie project alone.With FRS paying big prices across the Southern Cross gold belt for ounces and exploration ground (upwards of $150 per oz in the ground) Znc should be trading at 10c plus.Given ZNC is highly confident of getting to 1mil oz quickly we can expect the second phase of drilling which starts immediately that Red Mountain finishes to add 150-250 oz probably get resource upgrade November . So if the market plays out correctly by October of they have 500oz in the bag and valuation stays at $150 per oz in the ground we can expect ZNC to trade up to 15cThen who know what Red Mountain could deliver we will probably hear some results late September then we can add this to the 15c valuation and Xmas should see some very happy shareholders.