cap raising, page-3

It was stated by GOR that drill reports will be issued monthly unless there is something out of the ordinary. Looks like nothing out of the ordinary this month. So I would expect plenty of gold intercepts, but nothing "new."

GOR don't run on hot air, so capital has to be raised.

With the price drifting lower, there will be stoplosses hit, the options holders may lock in a bit of profit and this will cause a cascading drop.

With capital raising already flagged, Ian needs to deal with it sooner rather than later, or the price will be back to where it was for the last raising. He needs some new hits as well as the infill. By new, I mean new areas. When is Tobin Hill being drilled?

Sentiment, short term sell, long term hold.