Ann: Significant shallow high-grade gold at Mon Ami Gold Project, page-85

You are correct I have spoken to a broker friend of mine and there has been one major seller still offloading and it is from Bell Potter.

I have mentioned in the past that they did a placement for GSN last year butt they did not get the gig for the last placement which was done by Shaw and Partners.

They got rid of some back when the price was around 16c and now this week they have been unloading the rest. This seems just sour grapes because fundamentally GSN has nothing but positive outcomes and no reason to sell so heavily. Anyway good riddance.

The gold is still in the ground (and on surface as well) and they have close to 2500m of results still pending to prove up more gold.

The good thing is all these millions were absorbed and probably by Shaw and partners. These guys believe in the story and are looking for a much bigger payoff than a couple of cents.

So don't get spooked, as the selling could be just about done and we should see a positive change in price quicker than you think.