by, 8th-January-2008 at 05:21 AM (2748 Views)
I've tipped this in the 2008 comp run by Yogi, pretty much based solely on it's low, low, market cap, and a piece of ground that has some Mo, Re and U on it.
They've recently had some dramas with their directors and two were canned. Seems these two (geos) didn't think they should continue to drill for Moly while the others (punters) seem to think they should. Weight of numbers went with the punters.
This doesn't sound like a very good basis for a stock pick, but just going on the tight share registry and low shares on offer, any good results at Minnie Springs could make this move considerably.
I'm currently looking into it in more detail and waiting for clearer direction in the markets before taking a punt. And at this stage, it clearly would be a punt!
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