Hi forumites.
Golden Cross Resources is doing a feasibility study about 10km out of the small Central West town of Molong, NSW.
www.cabonne.nsw.gov.au/news/pages/6837.html
Most locals seem to be aware of this - Molong houses are fairly expensive.
What i'm after, are some opinions of investing in the Larger, but more 'bogan-esque' town of Wellington (about 50km from the proposed mine) - where houses around 50k are pretty easy to come by!
A new gaol has also been built at Wellington (though it may have a revolving door for half the local populous...)
Another question is; would the shares at $0.019 be a reasonable risk?
Look forward to some opinions!!
Golden Cross Resources is doing a feasibility study about 10km out of the small Central West town of Molong, NSW.
www.cabonne.nsw.gov.au/news/pages/6837.html
Most locals seem to be aware of this - Molong houses are fairly expensive.
What i'm after, are some opinions of investing in the Larger, but more 'bogan-esque' town of Wellington (about 50km from the proposed mine) - where houses around 50k are pretty easy to come by!
A new gaol has also been built at Wellington (though it may have a revolving door for half the local populous...)
Another question is; would the shares at $0.019 be a reasonable risk?
Look forward to some opinions!!
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