Just me with another of my soul searching posts.... hahaanyway...

Just me with another of my soul searching posts.... haha

anyway where is the money going???

The below mentioned is only in my opinion and with no research done on the subject.

-We have processes going thru PNG courts relating to 100% ownership of Ferrgie as well as its re issuing of one of the licences which lapsed.
-Another court thingy is related to CM 90% ownership of the project as well as the application for new tennaments around CM
-Now this recently aquired tennament in Croydon.

What else could we be wasting our money on ??

Oh I know...

Maybe the contiual employment of staff already @CM, like the geo's we have there that are scouring the tennaments that we have there in order to source other potential areas which could be of value.
The people there who maybe local and the need to keep them on the books so that we as a Company look good in their books.
Also the professionals who are going thru all the data continuosly evaluating and trying to comeup with the right area for the next drill.

Now lets have a look at Croydon.

After having the smarts to send someone highly experienced to Croydon to review the data on those tennaments we now have the potential for another JORG relatively soon.
Thats pretty quick moving and now we have someone possibly Peter who is there and getting together a drilling programme for the Jolly Tar new IP anomaly aswell as fillins for Golden gate
Oh and I suppose there has to be someone who trying to evaluate when and if we can get drilling companies there
as well as other areas of ensuring we do it all in complience with the requirements of obtaining a JORG.

I think the Company has moved swiftly and has done a great job in swinging the focus to Graphite in order to get the best benafit from Bergens loans

-shallower drilling
-more holes possible more chance of some good results

WOW am tired after just writing all that
But really looking at it I can see where the money is going
Really an amazing amount of work has been conducted by GOA over the last 12 mths that they deserve a clap on the back
No the SP isnot going the way we want it to and I am sure that the Directors also do not like it at these levels also
Last but not Least
Management have done a great job and in my books continue to do so
Keep Up The Good Work.
It is with this sort of commitment that we as shareholders will see a multi bagging
Cheers to all
Hopefully I have bord you to death or probably made you wet yourself from laughing