Ann: High-Grade Gold Hits Confirm Growth Potential at Butterfly, page-14

Yeah, it does look like somebody on the inside knows something, which makes me wonder if GMD potentially has a somewhat negative announcement to release in the next couple of days, which would practically verify the insider trading. Either that, or someone needs some cash for Xmas presents, or they are preparing for a capital raising and some holder has a sniff of it prior to the announcement. What about a capital raising at 6 cents? How corrupt is the ASX these days eh?

Personally, I have never believed these guys intended to build a mine, they are explorers, and quite slow ones (at times), who want to be acquired eventually. But who's willing to buy them, maybe Alkane, but they'd need to grow the deposit first, possibly extending the resource beyond 2 million ounces, then there would be interest. Let's hope. Either way, it would seem to be good value buying at these prices now.

Gw