re: Ann: First Mongolian Share Distribution E... A valuation of...

re: Ann: First Mongolian Share Distribution E... A valuation of $400 million on a resource that has no JORC, no CAPEX and no approval to mine? What a laugh. I could name a dozen mining companies that have a proven JORC resource of world class potential but are under $30 million MC. This is truly Disneyland material.

When I was a holder, another well know holder told me this would instantly multiply the GCN SP by 6 when the market wakes up to it. It looks like the market has been asleep since 15/03/2012 or he was wrong. You be the judge...