what might be impossible, page-14

Conversely to you guys bagging mgt for purchases in other co. I tipped money into GRY in the knowledge that they had a good gold project and enough smarts (plus were on the ground in West Aftica) to buy into other projects they saw of value. I feel Birimian belt as under expolred and the most likley source of gold success.

I see their Mali and Asian expenditures as suitable with the jury so far out on Mauritaina. Expolration by definition is difficult and high risk/high return. I see the cross holdings as diversifying the co. geographically and investment in other when buying ounces is cheap. Unfotunately for us it is a lot chepaer than when we went for thr $1.30 cap raise.

There's a good article in today's Austrlaian of Aussies picking up the habit we accuse poms of - whingeing. BTW you wouldn't know it but the general market is on a roll - perhaps to the chagrin of the gold bugs.