matters from the meeting, page-8

Hi, I did not deliberately buy this stock, I "inherited" it because of my investment in Giants Reef (GTM). One thing that worried me about it is that it is in Sth Africa. From what I read Sth Africa is becoming a basket case due to the corruption of the Government, keen to take over white held companies yet not interested in really running them. I expect further unrest of miners because they are being screwed.

I really do not expect to make any money.

Sorry to be so pessimistic.