30th june 2010, page-8

Longer term perhaps their own Goldroom?
Pretty basic stuff for a Gold Mine Eh?
Fix the Loader?

6 Months..........you have everything,the financials, everything except any data that would reveal average head grade and cost of production.

Funny That.

Disclosure has been devious and insufficient. Management has been hillarious. Failed Capital raising, fire Sale of tennements to vultures, Investor liason has no credability, Appointment of directors on a add-hock basis(Except Bill) and the retaining of passengers like Ross Louthean on the Board.Add to the mix a revolving door geological employment as well.

I think this is a crazy brave "Short Term Buy". You know I put it down to that ellusive search for a bargain. You know the old car you can fix up, The Rolex with the scratched face, the ex supermodel who wants to settle down to domesticity. May I suggest seriously that a heavily indebted, poorly managed, very small Gold Mine with a troubled mining plan is a dubious proposition.

Stepping production up to 750000z level..........Really. You have a 50TPH milling capacity and oh........no Goldroom! The market being a voting machine,dont worry about the Market what about the retiring MD who flogged half his holding. Bear in mind most of those were freebies or cheapies.