Ann: Deep diamond core commences at Sartenga Disc, page-7

re: Ann: Deep diamond core commences at Sarte... FRB

Unfortunately I found out with CDT (has even larger tenements in what is now high taxing Ghana - 10K sq kms) that massive moose pasture tenements do not always translate into gold finds. Have a look where their share price has been. And note that Mark Creasy was invested in them for some time, but transferred his stake into a large parcel of AZM shares, which have since also tanked.

It is all high risk spec, and good luck and judgment come into play.

Getting buried in an illiquid spec is not fun - see CRB, DRK etc etc. I am sure you know this better than me.

However with the arrival of MacTimbo (and possibly some re-enforcements) who knows where the share might go? Note the jump today despite so many goldies have a bad hair-day.

Richard Hyde is supposed to be a reasonably competent geo when working for other companies in west Africa and knows the area. He has a lot to gain financially if he succeeds, so that is a positive incentive.

I have held some WAF on a few occasions over several months since 2010. Market conditions keep changing so I exited before the deluge earlier this year and have not re-entered because the demand for pure explorers with nothing found is weak at best, although market conditions are improving.

Good luck. I will keep watching. Having seen the recent comments I am more likely to avoid it so as not to be the victim of a pnd.

And I agree there is lots more gold to be found by the likes of PIR, AMX etc in the fullness of time if they manage to stay independent. I did find it rather strange that PIR managed to pick up around another 10% of an interest in the Fekola tenements at giveaway prices - did the seller have rocks in their heads, were they desperate or were there other reasons - I guess I will never find out.

loki