a message to investors, page-35

The last thing we want here is a debacle like what happened with BDG (Bendigo Mining all those years ago.

They made their first pour, then later realised thy had overestimated the grades and ceased production. The share price went from around $1.78 from memory to 20c over a relatively short period of time. I got out at 80c and did a lot of money. It never recovered, and now trades as something else.

Interestingly, I met a geo about two weeks ago who worked for BDG just before this time. He said he quit because he didn't like what they were doing, and he said he could see what was coming, the grades were no good. He also mentioned the involvement of a very big Aust business name and felt that he was the root of the problems.

So, the moral of this little story is to let the company get it right. If they need another 3 months I don't really care as long as they get it right. Then, and only then, the share price will take care of itself over time.

Cheers,

Toastman.