Ann: Konongo JORC Resource Increased to 1.47 Mill, page-21

re: Ann: Konongo JORC Resource Increased to 1... The fundamentals of this story vs the price make for a very compelling share purchase. Today that has become even more apparent for two reasons. Firstly, the obvious 20% increase is a great boost, but secondly and even more importantly the find shows that these guys are serious about kicking goals and getting the resource target up. Management have flagged an exploration target of (yes you read this correctly) 10mill oz. They believe that the gold is out there on this belt and they have an aggressive plan in place (and the cash now) to see it happen.

This week is just the beginning. There is alot to happen here yet. If I were you guys I would not get too wound up about the short term movements here. There are some 300mill plus shares (depending on ratio of holders to sellers) floating around the ASX at the moment from the placement on Monday. This will take a while (possibly days/weeks) to churn through and will probably hold the price in the short term regardless of the fundamentals. If you don't believe me take a look over at CCC - great story, massive, massive overhang - very impatient investors.