Burnett, can you answer this first, from a previous post of mine;
just copy/pasting.
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its all just a group of accountant buddies. No one with any actual mining or geological experience in sight?
There closest thing to a mining pedigree is a financial analyst who worked in the mining sector...
How did they reach the conclusion that this tenement would be rich in minerals - or who led them to this decision?
They also have under a million dollars in the bank with a cash loss of 3 million for last year.
Do they need to spend any more for these tenements or has it been covered in FY 07 spending?
How much longer before a cap raising?
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25cents would give GSF an implied valuation of 130 million dollars, based on what?
do these tenements at least have some drill holes or sampling to give even a rough estimate that a resource is here?
I think unless you can back up your statement with some more substance your price target is massively overinflated.
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