Below is the reply from John. I will be attending the AGM so looking forward to hearing more
"We expect to have a number of batches of verified assay results back by this weekend and hope to be in a position to make comment at the AGM on Monday
As you know we have a drilling program in place with three rigs (they will have completed over 5,000 m by mid Dec)
Drilling summary Gossan Hill program is stopped awaiting results Awari will be finished in early Dec Kemani will also be finished in early Dec Iyewe is also stopped awaiting assay results
I would like to be more bullish however this is a Greenfield program so we cannot assume instant success
We have a systematic exploration program that takes time to complete
We have the people in place We have the prospective tenements We have supportive shareholders
Please do not hesitate to contact me if you would like to discuss any other detail
Regards
John Downie"
GMX Price at posting:
63.5¢ Sentiment: Buy Disclosure: Held
