miner greenland buries bad news in report, page-11

Hey resourceboom,

I'm not saying it's a bad company at all. I just see 2 separate levels of risk.

The 1st is the political risk. I hope they are able to start something big over there. This risk is acceptable and is what the market's about.

The 2nd and more concerning risk is the lack of disclosure and ongoing payment to a major (undisclosed) shareholder that the MD won't acknowledge.

I would also like to hold a few shares in the event that they start mining over there but there are just too many warnings of a pending shipwreck here IMO. If they clear it up I'll look again.

Enough from me for a bit.

Good luck.