GLX gulfx ltd

It is not really that positive. The 23 May 2008 company...

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    It is not really that positive. The 23 May 2008 company presentation stated that Clinton had 340 MT measured and 440 MT inferred. What there actually is to JORC standard is far less: 138 MT indicated and 47 MT inferred, totalling 185MT, so under half the previously presented amounts in each case and in total.

    Clinton of course was stated as the biggest deposit. It makes reaching the projections very difficult.
 
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Currently unlisted public company.

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