SUM is exploring for gold, silver and base metals on the island of Sumatra, Indonesia. It has extensive land holdings (3,219 km2) within its 7 IUPs (Mining Business Permits) with SUM having an economic interest of 100% in its projects (excluding Tandai, where Newcrest (NCM) has a 70% earn-in right). It expects to commence production by 2013. Another speccy that might be worth a look gents - one analyst has targeted a $0.74/share price which would be a nice return if it comes to fruition. As always do some DD don't take this as advice and don't try and sue me or my alien masters.
