silly buying at the top retracement pending, page-78

rkjk..this was a genuine question...

"rkjk..just have a question..how do you think the SP will react once we have proven a 100+ million pound JORC resource.

Are you aware of the peer comparisons in Canada?"

Or do you not take not of fundamentals at all? Just wondering if you mix the charts with the fundamentals at times or are you purely a chartist?

Anyway this was from my peer comparison write up for the deposit sizes and grades in Namibia. See below.

"Deposit Comparisons

Now..you all should be fully aware of both Forsys and Uramin. Uramin was recently taken over by Areva at US 2.5 billion dollars. I will provide run downs of three deposits. Uramins Trekkopje deposit, Forsys Valencia deposit and Bannermans Goanikontes deposit.

Trekkopje (Uramin now taken over by Areva for 2.5 billion USD) Are you aware of this rkjk? Have a little think on how the Canadians will react to the news when Bannerman have a 160 million pound resource at a 100ppm cut-off grade and possibly double the average grade? Invest now and make some easy money..just sit back..relax..and let the fund increase.

Resource = 139.2 million pounds
Avg Grade = 130 ppm
Cut-off Grade = 80 ppm

Goanikontes (Bannerman Resources)

Interim Resource = 27 million pounds (Taken over 1.7km’s and to 80 meters depth)
Revised Resource = To be released in December 07 in excess of 200 meters depth and over 2.3kms. Grades have been hit at depth and increase at depth.
Final Resource = To be released in march 08 in excess of 400 meters depth and over a 2.3 km strike.
Avg Grade = 220 ppm
Cut-off Grade = 100 ppm


Valencia (Forsys Metals)

Resource = 62.1 million pounds
Avg Grade = 126 ppm
Cut-off Grade = 80 ppm

As you can see the Goanikontes deposit blows both Trekkopje and Valencia deposits out of the water. 160 million pounds has been targeted by Australian Brokers. Nice little photo of some outcropping alaskites below. Just for viewing pleasure."