Has anyone been to today's AGM? Well, I asked the question earlier, but it looks like no one has - but me :) Yes it was a late decision to attend, but having followed this forum for a little while and reading claims and counter claims on where this thing is going to go, I thought I better get it from the horse’s mouth!
Well, even though the meeting was short and sweet, I still thought it was well worth it. Especially, as per normal, the meeting after the meeting. Hmmm, usually after an AGM, you see stocks getting snapped up by the people who attended, not in this case though. I didn't have to chase the stock, it was coming to me at a discount rate, as people quite their positions - thanks for that, now I have more than ever!
Anyway, the big picture without going into to much detail and being accused of ramping: I would strongly suggest to read or re-read the company ann dated 27th September 2007 - ACQUISITION OF ZAMBIAN MINERAL PROJECTS it is all there, just that now we are a lot closer to the time frame stated there!
Why no ann as of yet? Well, I don’t know if there was one planned in the first place, however as they say, ... but wait there is more! That's right and about the size of it. Guys just get the idea right, will ya? They are about to back-in a mining company into a "fish and chip shop" ;-) So when you do that and want to do it properly, it does take a little time and they are hard at work getting it right the first time! There is a lot more work to be done, e.g. with the ASX, than meets the eye. Further more, there are more opportunities they are looking at as we speak and one of them is off to Zambia again next week. So yes when they are ready, there will be more to talk about than what is mentioned in the ann mentioned above!
For what its worth, bigger than expected ann are going to happen, when the time is right, but good things do take time and as far as I can tell we do have to wait a little longer for those; however it will be worth it in the end! Expected time frame -I'd say, end of December, but with Xmas etc upon us more likely January! What happens until then? Well, I mentioned how everyone in the forums is waiting for this magic ann to happen any second now and suggested that a somewhat excited progress report on possible targets etc would be appreciated by the markets and the chartists among us. I think they got the idea ;-) and hope something is going to happen rather sooner than later :)
GSF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
