all guns blazing, page-12

Hi Pagarsi
I dont think the company's intention is to get the markets attention on hype. Regardless of if the ann's are starting to sound repititive (which IMO i dont agree). the company has a duty to shareholders to inform them of any (potential resource) updates.

I think another main factor here is that there the company has MANY skarn formations which have not yet been Drilled... IMO i can seeing a potential mulitbagger.

Options exercied today at 10cents with another 3.5 Million likely to be exercised prior to 31/12/2009. This will (in the short term) put a brickwall in front of the SP. Once these are exercised the next level of options are at 25 cents. IMO we will see a decrease in the selling presure once the 10 cent options are out of the way.

From looking at the current top 20 Shareholders (as at 3/12/2009) i noticed the following:-

#1 top share holder (Citi Glory) as at 18 Sep 2009 continues to have the same holding as at 3/12/2009.

#2 top shareholder is Black Peak Holding P/L AKA.. The company of Hamish Halliday (director). No Change in his holding.

Medical Corporation Australiasia Limited has sold approx 5 Mil shares.

New Significant Shareholder @ #10 - Nefco Nominees P/L which is the company of a Drillsearch (DLS) director. Unsure of this relationship. I note that he is chinese.. may or may not be significant.

Just a few points i thought i would share. Any thoughts?

Frader