RE: good time for initial positionThe assays, IMO are late by a couple weeks based on what I was told initially by mgmt. Having said that, I spoke to them this week, the assured me that it wasnt their fault, it was due to having to change labs. Something about they didnt trust the integrity of the first lab based on information they received after the fact. So they moved to a more reputable lab in Cape Town.Bear in mind, previous drill results were very impressive and they have only drilled maybe 20% of this area so far. Lots of room to grow here IMO.
They do hold other properties, but are focusing on Tanzania right now as that holds the most promise. They clearly are focused on raising the SP and hence shareholder value, which I like. They just JV'd their Scadding property, which after rereading the NR, turns out to be a heck of a deal for CUI. They couldnt do anything there right now anyway, may as well make some cash.
Hope this helps