I am surprised that this issue has not been raised on this forum. I have been holding patiently awaiting any fresh impitus to this company. I haven't been fazed by the lack of action by management as this leopard can't seem to change it's spots. I have been waiting like all others for that "something to happen".
My sentiment has changed somewhat since I saw the news last Sunday regarding the POWER CUTS in South Africa. To be honest I thought of GAU immediately & I am really surprised this issue has not been raised in this forum since.
http://www.guardian.co.uk/southafrica/story/0,,2246948,00.html#article_continue
Maybe I am naive to think that anybody here was going to see this company through to production & we're all just waiting to make the quick buck, not that I take issue with such.
Anyhow, not that I'm an expert but if large Gold & Platinum producing companies can't get power for there mines how can one expect a minnow like GAU to put a drill in the ground or even get results back from the lab!!!!!!!!!!!!!!!!
As always DYOR but I would suggest this is part of the reason for the decline in share value.
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