gday to you all,bloomberg article below, page-28

I'll say it again: SDL has a T/O offer of 50cps, GBG does not.

Most iron ore stocks are testing 52+ week lows. SDL is not testing lows because of a T/O offer. MCC, BOW and MRE are other stocks holding high shareprices simply because of T/O offers...I thought this was a simple concept. FMG (the SDL fan club's comparison) has lost 25% of its MC in 2 weeks...It is not pretty for IO miners.

Regardless SDL's market cap is currently over double GBG and SDL's market cap at 66c was higher than GBG ever was. GBG never got close to a $2 billion MC like SDL. So in reality SDL has been worth more than GBG for a long time...

The reason I've never liked SDL is due to the risk associated with it.. Not trying to 'downramp' it, everything i've said about it is true. No JV to date with SDL, that was always a big concern for me.

What happens if SDL's T/O offer is dropped? Conditions of the T/O are yet to be reached, nor has another offer from a third party occured. In this environment SDL would plummet to the 20c range. I don't see what could possibly hold it up (not even a JV - who knows on what terms as well).

GBG, like all other midwest hopefuls are currently DOGS! Not denying it. I've been furious since the handling of the cost blow out but unfortunately stuck with my plan of holding until Karara production.

At least I can be almost certain that GBG will reach production unlike many other companies. Isolated patches of dirt in the middle of nowhere may find significant funding hurdles given the sudden turn in global sentiment.

*end of rant*