Ann: Morila Exercises Option in Area of Interest-Massigui Project, page-25

Sorry to sound like a broken record again but what gold resource? Rand mention some inferred numbers but BGS have still not stated anything only a "exploration target we know that is there". My personally feelings are the 4% royalty is cheap and a sell out IF the potential is a big as people make it out to be. IF the potential is so big in the current market I have no doubt you could raise $5m to give it some real curry and then it would be worth a bucket load more. Opportunity missed maybe? This decision was made by Rand regardless of Mr Joyces apparent inaction. Still waiting to see what pans out on that front as he is definitely not MD material.

My buy signals are getting very close, with just a small uptick (5%) on decent volume probably pushing me back in and any entry point around here would be a very good buy. My sentiment has gone from none to buy and I am guessing I will be back holding soon.