Yes your explanations are appreciated by all I'm sure.Clearly we...

Yes your explanations are appreciated by all I'm sure.

Clearly we are seeing many gold newbies getting involved with little or no experience at interpreting drill results.

I guess this should be expected in what is potentially a once in a generation gold investment boom!

I urge new investors to focus on the strategy the company is/has to employ which is a function of the ground they are exploring.

GML has a very large area to explore with only a limited budget and they have to have a METHODICAL process which gives the greatest chance of success with the financial resources at their disposal. Our MD has explained this very well in his presentations over the last 12mths.

Very rough description of what I understand the process involved is:-

Step 1 EM and soil testing for gold anomolies
Step 2 Phase 1 AC or RC drilling to shallow depths to prove mineralisation exists and set out boundaries
Step 3 Phase 2 Diamond drilling to test at depth
Step 4 Phase 3 infill drilling to prove up mineralisation and add JORC resource estimates.

NB I am not a miner or geologist so please anyone with those skills please add or correct this as required.


Now this all takes time and money but as you can see the results from GML in this campaign so far are on track to take us through to stage 4 and we have exciting times ahead. Remember we have 1000sqkm's and many many targets.

Those sellers are the ones that have not understood the opportunity which exists here from the start and its good they have moved on.

Either that or their timeline does not match up with this projects timeline.

IMO DYOR GLTAH