trtkjd1
it would be good if an "interested party" was accumulating the old options, with their sights on building a foothold into the share registry, yet i am skeptical atm. only because if that was the case then my assumption was that this interested party would now be accumulating the ordinary shares - to build their base.
today's solo trade for a paltry 10,000 was staggering to me for the total lack of interest when all the other junior goldies were trading with good volume with climbing sp's.
it is like the gold bugs have turned the MCO radar off.
so much for a jorc of 2 billion dollars worth of high grade gold in the ground (grade factoring at 2.5 fold) in a no risk country called australia.
P.S. i used a grade factor of 2.5fold to calculate the resource using the 21 october, 2008 paper on narrow vein mining (page 1).
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