enormous gold grades, page-8

Hightrax,

You on the right thread?

Nothing you mentioned relates to this company's assets.

Not flash today, Patersons clients who took the placement just started tossing it out.

I expressed by disappointment with company today about the late decision to give the whingers at Patersons some stock.

Bad decision which is now biting in the market.

Expect Patersons to be be replaced for future raisings but doesn't help much now.

Just have to let them do their dump.

By the way drilling starts in Mali on 18th June and Sweden gets drilled late August.

I also must correct a mistake I recent made. I indicated that the second deposit was 140K and this was in addition to the 168K it had nearby.

Its actually 140k at the low grade surface resource and 28K high grade in the area that got the late hits before the previous owner shut it down.

Its where this small high grade resource is that GMR reckon all the potential is however most of the drilling will be aimed at converting the inferred resource to reserves and to grow this to 500k ozs.

The high grade stuff will be followed up as well. Potential for significant discovery at that location.

Next project will probably a choice of one in Ghana or another in Mali. Again advanced, resource already in ground.

Just ride out Patersons trashing and then we will be on our way as before