thoughts, page-9

Hi Daz,

The volumes yesterday were a good sign the placement for the TSX was in the bank

695,808 volume is quite strong for Bannerman. Anything over a million is huge.

Volumes today are still reasonable. Sellers have really been wiped out. I think a lot of investors would be liking the long term story for Bannerman atm..the directors IMO have progressed things really well. I think the only negative was the hold up in lab assays due to delays in South Africa and this caused the JORC to be under what a lot of investors were expecting. The directors couldnt do anything to avoid this though. Investors who sold failed to assess the announcement and the grades and size of the deposit are going to increase substantially IMO.

Maybe they did assess it well and have traded the stock..I think a lot of investors who are looking for a longer term hold would be looking at re entering the stock at current levels.