why hasnt t2 been drilled yet?, page-6

john435,

I generally agree with your comments.

You won't find me talking about conspiracy theories. I'm sure large companies probably do play games with minnows (esp potential takeover targets), but I have no direct knowledge of this.

I simply said that a large sell down on low turnover cannot be taken as good reflection of true value ...that concept applies to any company.

On the subject of announcement GBZ seem to have regular updates of the situation inc'l board interviews where one can listen to "timbre" of CEO's voice.

If a company has good indications of resources from surveys (IE SAM), and drilling dont find the goods...I have trouble blaming management for that.

Recent drilling all shows promise ...about the only area where the market showed dissatisfaction for management actions was the agreement with PAN. It needed more % left on the table and a cash payment up front. I also keep in mind that the agreement has increased longer-term financial stability.

I want results now too -but I may have to be patient.

Again I say that GBZ appears to be oversold on small volume (without many shares currently available on-market under 10c).


All the best,


John S.