DGH , Thanks for the great feedback again from meeting !!! As I...

DGH , Thanks for the great feedback again from meeting !!!

As I mention on previous thread, Same sort of discussion with Mike .

For those who have doubts, fill uncomfortable and need to ask a tuff question!

Please ring or email headquarters and they are willing to answer or help with any queries and even invite you over for coffee.

Yes I agree, a massive misunderstands over recent announcement, many expecting a basket of gold on the end of drill bit.

This was only a ?reconnaissance? drill, find and then drill deeper for it, as ALK have done.

Please ref to their history of announcements regarding McPhillamy?s gold find.

Stage 1 drilling 2008 Reconnaissance - all their shallow holes above their ore body show the same zones of mineralisation as we have at Elsienora, being lots of low grade gold with zinc, copper and other base metals. Only when they went deeper did they start finding the juicy higher grade gold zones that have delivered them 3m oz (of mostly low grade gold).

http://www.alkane.com.au/reports/asx/pdf/20090119.pdf

Stage 2 drilling 2009 Deep core
http://www.alkane.com.au/reports/asx/pdf/20090723.pdf

Stage3 drilling and BFS 2010
http://www.alkane.com.au/reports/asx/pdf/20100705.pdf

Again, misunderstanding about the ?incentive plan?, managers happy to take it up @.022 and some whinge and bag? They could have done it cheaper or even with free options?

No money lost here for shareholders, Management just wants the cream! I am happy with the vote outcome .

Monty -

Yes, got the same message on Monty, will be much bigger, quicker and cheaper outcome then PW, I agree and will not surprise me if we get a JV or takeover of Gradir Montenegro !

Apparently, Milos pumping away hard in that region making deals and getting things done .

News to follow soon here!

Togo ?

Now let's come to Togo, yes a waiting game for now, SSC has put forward the best deal possible! Just waiting for the head nod from Lome ?