Ann: High-Grade Gold at Frenchman's Reef - We, page-23

re: Ann: High-Grade Gold at Frenchman's R... ian gandell is ors chair. he is director of Alliance (owns 22mil shares) and abbotsleigh Pty (owns 20mill shares). Retail magnate in cahoots. companies associated with ors incl ayc uml share price falling over long time. gandel lost 13c/sh on ors. $2.4m in bank down from $12m when listing december 12. small company. finding gold difficult in maldon. increased high of 19.5c no company maker news. stale bulls happy to not end at 6c. if buyers dry up. support 6c. ceo stop saying excited about the potential of prospect. this leads to lower price always.