THE 4 MILLION OUNCE BET, page-10306

So another false dawn in the SP ..... Stevie Wonder could have seen that coming!!

How about your old uncle taking a few of you to school?
Maybe some new investors got sucked in on another round of pump and dump - sorry, but that gold is a lemon

Here is why:

1. The MR has an existing environmental appeal sitting over it - Massive Risk
2. The project is 33.7% owned by BEE partners
3. They have 1 solitary employee with mining experience
4. Here is the killer that just seems to be missed over and over by those who get stuck looking at resource numbers in the ground. The resource is ultra-marginal and underground. Not only is it underground, but due to water issues, they can only use board and pillar mining techniques.
5. WWI is 2 g/t and underground - the most marginal mining anywhere on the planet
6. 2 South African companies have already walked away from the same resource - marginal mines always attract dreamers but always end in heartache for investors
7. In 4 years the company has not been able to raise a single $ from the investment community to go mining despite having all infrastructure ready and despite record gold numbers
8. The current chairmen of WWI has been removed from 2 ASX Boards for poor performance - one only last year

9. Many 'burnt' investors here will try and downplay these facts by calling me a troll or other personal slights - they have nothing to dispute the facts