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Ann: Boardroom Radio Interview - Managing Directo, page-2

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    re: Ann: Boardroom Radio Interview - Managing... Hi all,

    Just curious, ...after the recent reports, am I the only one who sees that GBZ is increasing financial stability in difficult trading times, while maximising exposure to several possible discoveries with judicious and cost-conscious drilling?

    What is my reasoning?

    - Cash burn from admin expenses is low.

    - PAN deal provides a gross profit of 12% (as anticipated), on top of expenses for exploration (possible $600,000), plus no risk exploration with a percentage of any potential success. In addition, this will also provide a synergistic boost to our own drilling operations.

    - Numerous new tenements applied for or on the way.

    - Phosphate: risk free exploration plus 30% of any new find.

    I'm happy with the current financial security of GBZ for a speculative stock, and I'm happy with the potential upside in the event of a discovery from any of the several possibilities. We are fully funded through 2011.

    Being frugal with cash, and supplementing exploration with onging income, is securing our future solvency as we seek the motherlode.

    I also think (and I'm hoping) that GBZ may be very exciting over the next few months.

    Love to hear other investment views.

    Good luck.

    John S.









 
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