Merry Christmas, page-4

Review of operations in this years annual report.
Not a lot but enough to pay directors fees, electricity and fuel.
I shouldn't mention other companies but I'll tell you that I held shares in a South Australian company for a long time, just had a look at what was happening, s.p well down, having talks with traditional land owners, they don't have the go ahead to start mining, joint venture with another company, this time for tin which looks as though it will take another 10 years before anything comes of it.
At least Citigold have all the equipment, they don't have to wait for government approval to start mining. I'm surprised the other company hasn't gone down the gurgler.
Another one this time in Africa, been around for a long time exploring for diamonds, they are recovering good ones but their share of the proceeds is forty percent and they have to do the work. Their sp has plummeted drastically over the past few months but they still have optimistic shareholders.
Enough said.