worth watching..

hi guys..

my previous guess on this hasn't been good at all.(lucky for stoploss)

so talk about riches too rags story (not really that bad).

the past month or so hasn't been that kind.

s/p has fallen from a high of 37.5cents in late december too 16.5 last week.

they have a market cap of approx $10,000,000.

and $13.4 million in the bank.

previous drilling results have been very disappointing, lets hope they hit some good grades very soon.

where the s/p might be in the short period is anyones guess.

but i'd say with current m/cap and cash in bank, well worth watching.

NORSEMAN (100% OF THE NICKEL RIGHTS): The Norseman Project is located near the
town of Norseman in Western Australia, 190km south of Kalgoorlie. Previous
drilling has intersected mineralisation including 14m @ 1.16% Ni, 50m @ 0.87% Ni
and 10m @ 1.03% Ni.

DAVYHURST (100% OF THE NICKEL RIGHTS): The Davyhurst Project is located 170km
NNW of Kalgoorlie. Previous exploration has intersected 5m @ 0.39% Ni. Soil
sampling identified anomalies ranging up to 900ppm Ni and 120ppm Cu.

BEETE (100% OF THE NICKEL RIGHTS): The Beete Project is located 60km south of
Norseman. Previous drilling has intersected nickel intersections including 28m @
0.13% Ni and 16m @ 0.2% Ni, 101ppm Cu and 180ppm Zn.