announcement will be out next week, page-28

sad to see you had to sell out richardn,

hang in there christem, Bill is working through his backlog so you should get a callback. I sent Bill an email last week while he was in Ghana and he only just got back to me today, he rang me quite late + I was out and got home late so only just getting the chance to report to you all now.

richardn, Bill isn't the kind of CEO that gives out price sensitive info to shareholders that ring him, he tries very hard to be available to shareholders but he has to balance that availability with being very circumspect about what he says for that very reason, along with actually running the company.

I was upfront and honest with him and told him that the selling has been brutal and giving us all cause for concern, he could only say that he has a duty of disclosure to report anything that has a material effect on SBL, be it bad or good, so it's "business as usual", from that I dispelled my own fear that the plant had fallen into the volcanic fissure that runs along the Ashanti belt lol.

Seriously though, as he has stated to others, it's not just a matter of flicking a switch and "they are all working their hardest" to get where we all want them to be. The gold pour has to coincide with delivery of the gold, in fact it has to be poured the day before delivery, security protocols to be followed etc. We then spoke about gold stocks in general so nothing to do with SBL so no more to say really.

From my perspective it was good to hear that if something had gone "materially" wrong then it would have been disclosed by now so I can only infer that it's business as usual. I know we all want to hear more about what's going on but hearing that was music to my ears.

I myself would not be surprised if it's BoA selling, the dumps have been big, 5 or 6 million shares at a time. having followed the GDX/GDXJ indexes closely over the last few weeks, the higher volume down days have been the day after big drops on those indexes, including today after last night's drop. Maybe in the 'churning' process they (BoA) are somehow able to average down in a type of short, selling higher and then getting those that are getting out to sell into their orders waiting below and/or triggering stop losses etc. Just me thinking out loud.

So I'm definitely feeling a lot better about holding despite sitting on paper losses. With market cap around $47m now we should see a bounce tomorrow, quite amazing to see it this cheap considering.

Cheers all.