pre nr !!, page-7

Mattlee you can hardly expect them just pull a rabbit out of the hat in the quarterly report. What were you hoping to read in there?

For mine they outlined there two next prospects, T1 and D&L3. They discussed the capital raising. They highlighted the debt conversion. They have further explained the D&L2 situation with production from a 9ft pay zone then they will head up to the 41ft of net pay further up the well.

Did you really expect them to come and say that D&L2 was suddenly flowing at 500BOPD or along those lines, because that would have been unreaslitic. As I explained above, the reason for the D&L2 declines is because GGE is still strictly an exploration company that has to learn where best to place their wells to extract the best and most sustainable flows possible. D&L2 was never going to make GGE a multi-bagger, but it is very positive that the well uncovered hydrocarbons. It validates management's efforts to drill in NV, and it shows that the salt dome has potential.

This is a longer term play (18-24 months) than your 'money-on-black' roullette style wildcat drilling company. It won't make you a millionaire overnight, but patience will bring success, and that I am confident of. Why else would I be lining up funds for the capital raising...