They only announced a drilling campaign. Barely anything to get...

They only announced a drilling campaign. Barely anything to get excited about. People want results and they will be forthcoming in early August.

Also there will be news on the development of the Catherwood deposit, which is set to finance the company, with operations to begin this year. Will be a straight-forward process to get started and is located in a desirable location. Was set at a profit of $2.5 million at a gold price of A$650, so the deposit is looking very attractive at today's P.O.G. The thing about these projects is that once you get started it is almost inevitable that more gold pockets are located and mining life is continually extended. This could well the case in this situation.

I think they are also looking for other project investments and with their background, may be able to pick up a fairly decent value-adding project.

Holding with great patience and anticipation. Considering the way the maket has been and the rights issue, being in this illiquid stock has not been so bad. This will change in the coming weeks IMO.