dead donkey, page-20

Im obviously working You up into a bit of a lather Elgaes so I'll make this the last response.

I was actually into the options(and some ords 10c) at 6-7c prior to the sp going through its roller coaster ride from 2006-2007.I did sell some ords/options but only for personal financial reasons.I kept my core holding of options which might still have me listed in the top 20 options holders-not sure.

So my posting is not designed to try and ramp the sp back to 30-40c and sell(due to buying at such a level),although if the options got to this again Id seriously think about it.

Ive said it plain as daylight that we are all unimpressed by managements direction with Perkoa BUT imho its hardly constructive to simply remove the current board now that they seem to be committed to a TSX listing because of previous Canadian-only listable securities,not to mention other ongoing project developments.

You challenge me to make Aim deliver results on time.Well if I held a substantial holding of ords I might just do this.But as I took my primary position in options due to better leverage then I have no say in what the company is doing.This is just the way it is with options,its not an effort to cop out on my part.

You obviously see little to no value in the company,which is Your perogative but imho that is being near-sighted.I have been involved in INVESTING(long term) in small specs for over 10 years now(Anvil mining included)and have learnt that tollerance and patience are the two greatest virtues in investing in this end of the market,espc when the companies are African based.I also have a holding in another African based company thats been sitting at 8-10c for over 5 years but the project is another no-brainer.Why is it taking so long to convert to a producer?I dont think Ive ever seen any pure exploration spec smoothly convert to producer status EVER and the biggest hurdle for them is securing finance/offtakes which go hand in hand imo.

Yes this company has issues with management structure and direction but imho these issues are gradually being sorted and the sp/market cap is currently supporting this view.Company market cap has moved from 100M back to 150M on good volume.

Each to their own Elgaes.

d.