Hi AB, I don't have any particular insight but believe that the...

Hi AB,

I don't have any particular insight but believe that the Gidgee ground that they hold provides an excellent opportunity for the Company's future. Whilst to date they have not hit the jackpot, strong opportunities exist.

The Co. has flagged that it will be seeking to expand its gold prospects around the Montague area within Gidgee. They have stated that their aim in the short term is to provide a jorc compliant resource base in this regard.

I am a firm believer that gold will outperform in the near future, so personally that gives me comfort re GML's prospects going forward.

Furthermore, their highly prospective VMS areas, which show extremely encouraging indications for significant deposits, will require follow up work to potentially capitalise on the market turnaround in due course.

In this market, which many of the wise old heads are saying is the worst they have ever experienced, I am not expecting a bull run on any stock. However, imo, GML provides a strong base at a very low price, from which to capitalise on any good news regarding the above prospects.

I may be accused of bottom feeding at this point in time with this and other stock I hold, however, it seems logical to me based on past experience, that such stocks at this time in the cycle have very good potential to show capital gains far superior to the "blue chips", the likes of BHP or the banks for example.

In due course, it will also be interesting to see what progress they may have made, or are making with their stated seeking of "bottom of the cycle" projects!

History has shown that with a little bit of luck, companies such as Gateway can show huge capital gains of many multiples of their current price.

I'm sure all shareholders look forward to any positive news emanating from this Company in the near future and throughout 2016.