afternoon repeat, page-26

Hi baukaw.

Sorry,but you seem to be trying to convince yourself when you keep saying that the vast majority of share holders want it to go through at 45 cents, saying the vast majority of share holders are glad the Board did not say NO to Hanlong. I don't see how you can be sure what the vast majority want.

I think the share price is being allowed to go down in price for another lower offer.

I would not be surprised to see another Chinese company buy Hanlong's shares and offer a lower take over price for putting up the funding of the infrastructure.
If not a non Chinese company waiting till the last minute and putting in a lower offer for funding the Infrastructure.

What ever is happening,I feel the company are doing nothing to try to hold the share price up.They are allowing it to fall to give them an excuse for a lower offer.
Offer of $0.35 is 40% above a share price of $0.25 cents.
A 50% above gives us a price of $0.375.

Plenty of things they could be announcing like,resource up-dates,up-dates on field work on the tenements for trenching and surface samples they have taken.
Up dates on areas they have been doing field work,announcing new areas of interest on tenements they already own. Up-dates on Port and Rail corridor work they have been doing. Have they come to final agreements with landowners on compensation payments?
Are they still in talks with Core Mining and Equatorial Resources? Not asking for details,just are they still in talks.
What happened to the tenement applications they put in for over two years ago? One I was told by the company was to be approved early last year.

If nothing to report/Announce,what the hell are all the staff doing to earn their wages? Sitting drinking coffee I suppose,waiting for Hanlong to call them with another delay.


Regards
Westcott.