they don't come much cheaper than this, page-4

Hi Primaus,

It seems unusual to me that you would buy in a month ago when they would have been 10c or more but you won't touch them now at 6.7c. They are 33 percent cheaper than they were just a month ago and I am unaware of anything that has changed for this company other than a director resignation which is not too encouraging. it has always amazed me that people won't buy shares at a dollar say but the next day they see them at $1.20 and they rush in and buy them. You would never by clothes, cars or any other things of value using that approach.

I agree that the price could be below 5c in a month if it stay on the current downward path but that very steep path can't last forever in my view. At 5c the market cap would be 30.18m and the price to book ratio would be an amazing .041.

All it needs to turn around is for one of our directors to show us a little confidence that this company can survive. The largest directors' holding is currently a miserable $15,402.68 worth of shares. The non executive directors get around $134,000 a year in directors' fees yet they stand back and watch our company break new records in price/book ratios. It makes you wonder if they don't believe those figures themselves.

Anyway my plan is to keep on charging at the canyon while the price keeps falling. I filled my 200,000 share bid at 6.8c and I have another bid of the same size in there at 6.5c. I intend to keep adding bids of the same size at .3c below each one I pick up, if it continues to fall towards your target price of 5c. I do hope it doesn't get there just the same.

GPASAS