will posco make a bid for gunson as well, page-4

Falcon, my sentiments exactly. He has bought at prices around 20 cents as far as I know. I think also some big purchases were made by him at lower levels, even down to 10 cents or so, when we were all waiting in April for the big announcement (that never happened). But overall, I am sure that a lot of his stake was around the 20 c level. So I am sure his average purchase price is such that he wouldn't want to sell for anything less than 20 c or more just to break even.

But as we all know, we have the potential value of Mt Gunson Copper - Gosh, we have to have the results of the latest drillings by XSTRATA / NORANDA to consider into the mix, surely.

So all this means that Gunson is worth a lot. It's value right now is way north of 50 cents, and that is at a minimum. Consider this...if you held your shares on till we reached production of Zircon etc at Coburn, then the share price would be in dollars, not cents.