chinese connection, page-7

osopals1

I felt uncomfortable when I read of Chinese involvement. Not that we know how real it will be. I also note that First Mongolian at firstmongolian.com says nothing about its new directors. It is though GCN has jumped the gun. No potted biographies, of the sort that are customary on company websites. Odd that. But then neither does First Mongolian say anything about any of its directors.

The reason I felt uncomfortable is that Chinese relations with Mongolia are not the best. See

http://tinyurl.com/7a9b5lf

Nor are Chinese miners the world's most loved. See "Rumble in the Jungle"

http://www.economist.com/node/18586678

I would rather have seen input from an Australian mining expert qualified under the JORC code, whom we were promised would do an evaluation of First Mongolian mining properties. See GCN's announcements of 19th and 29th March.

I'm suspicious of this change of direction and even more suspicious because there is no explicit reaffirmation of Australian geological input in yesterday's announcement.