This company came across my radar a few weeks back.
After going through my DD process I have decided to build a core poisition in the company.
Trading one penny from there 52 week low with gold assays pending and programs on going on their Iron ore properties I see very little downside risk compared to the potential rewards if any of there drill programs are successfull. I like to look for Jr. Gold companies who have previous drilling on their properties as the historical confirmation de-risks the exploration process. The historical drill data on the gold properties is quite impressive and if the company can continue to prove up the higher grade intercepts we are looking at a fair sized shallow deposit here with a strong JV partner ( Barrick) to potentially lead to a buy out down the road. With the gold assays pending I felt this is the time to start a position with the company.
Cheers to the longs on the board - I am a new investor in the company and hope to be able to join the board with knowledgable information.