two sentences, page-8

who to believe?

Ballarat Goldfields (BGF) who spent millions on drilling to declare that there was 2,000,000 tonnes @ 10.7 g/t Au for 675,000 ounces

or Lihir (LHG) who spent millions on drilling to increase the mineralisation estimate at Ballarat East to 1.5 million ounces

and then Lihir in the final few months of operating the mine achieved head grades for September at 9.6 g/t, October at 8.3 g/t and November at 7.9 g/t

and then CGT drilled Lower Llanberris for an average grade of about 50 g/t but cutting off the 329 g/t assay the average grade is about 20 g/t

or the Board of CGT who are apparently wondering:

"whether or not there does exist at the northern end of the prospective Ballarat goldfield sufficient mineralisation to sustain a profitable modern mining operation."