ENTRY FOR STT LIST CXO -FA -long CXO has has a commanding ground position of granted leases in the Eastern Arunta region of the Northern Territory. Drilling and exploration currently underway at Bluey's and Inkhear silver Prospects where initial silver in soil geochem results have been outstanding with the best results being 19,552 ppb silver. When you compare those with IVR which has been the benchmark silver play on the ASX for the last year where their best silver in soil values have been 500ppb then you get an idea of the potential of CXO's ground which is also prospective for Cu +Au +Zn +Ni. The other good thing is that one average result won't in my opinion see a sell off because there are so many other prospects and targets to drill. If CXO can come up with some decent Ag and Cu or Ni grades then it's previous 12 month high will be IMHO breached rather quickly. A SP of 20c would still only see CXO with an MC of about $17M which is still a long way short of IVR's current MC of $63M .In the first image below the red highlights have been made by me
