Short Term Trading Week Starting: 9th Apr, page-25

STTCOMP IRC, FA LONG

GOLD - Vanadium
Mktcap-44mill
SP-19.5c
CASH-10mill+ (inc RWD shares)
Debt -nil

Have pick many times before with great success and IMHO this is a brilliant buying chance having a rough sell down last week on no news ..24c to 19.5c yet we have now a commitment from AXF to spend a total of 6mill on the J/V vanadium project...

over the next couple of weeks we should well here:
-AXF -Vanadium metallurgy test results >>>
-Updates on drilling on "The Teal, Peyes Farm and Jacques Find mineralisation occur in sub parallel structures influenced by north east trending cross structures. The structures re poorly defined by drilling and represent a priority targets for larger higher grade orebodies than is currently defined. Combined the Company is targeting 3-5Moz at this project." (value ? stones throw from KAL !!)

-EVN drilling Binduli results ....must release soon and show they have spent min JV requirement or EVN will lose J/V deal with IRC (why is EVN dragging the chain ?)

Also recently IRC acquired a Large Lakewood Project which is located within the Kalgoorlie region of the Eastern Goldfields. Its contiguous 100 km2 (25 km2 of which is under application) tenement package is approximately 5 km southeast of the Kalgoorlie Super Pit ( 70Moz Au) and 5 km north of the New Celebration/Jubilee gold mine (4 Moz Au). The Golden Mile Dolerite hosts more than 2,000 ore lodes that extend over an area that is 5km in strike.The Golden Mile Dolerite hosts the maximum gold found in Kalgoorlie.

Could well have a HUGE next couple of weeks and crack 30c like it did recently 50%+ potential ST rise in the making here>> with $1-$3 pre 2020 future IMHO