Dear Michael,
Thank you very much for your email.
There is no need to re-introduce yourself; I remember who you are.
The share price is disappointing, giving us a market cap of $3.5m, as I believe our Jutson Rocks ground is every bit as good as Gold Road’s Yimarna Greenstone Belt (50km to the east of us) and our Mt Venn ground sent Tasminex to approximately $200m market cap back in the ‘70s. It is clear that the market wants a strong exploration success and this is what we have to deliver.
There are 750 gold and copper samples from auger drilling that are at the lab pending assay and I am informed that we should have these results late this week or early next week. We are also preparing to get access to the Tasminex ground to follow up several new and old targets.
GNI Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held