It would be interesting to know what Vale's plans are...their agreement was signed off in Feb with CGE...and they are committed to spend $2 million this first year...after that it is optional.No doubt something will be announced in coming weeks....!

As far as BVN..I'm pretty sure it is still progressing...just takes time. My recollection is that BVN will be spending approx $3 million on FMG property. It is quite possible that there could be substantial activity on both within the next 6 months. This stuff all takes time could be up to 6-12 months before we really know what we are dealing with...JMHO.

As far as VGM..don't know why all the delays..but they do seem to still committed to idea they have a small potential moly mine...!

Potential remains that this region could be an 'area' play in coming months/years...in days gone by that would be very significant...in todays market who know's...but if there is enough potential maybe BVN and Vale could duke it out...just having a fantasy moment!