Ann: Capital raising to progress Forrestania gold strategy, page-25

Fair enough. But with a few exceptions all junior gold explorers are suffering the same fate..sentiment for them is probably at its lowest ebb for decades. So much so that the recent small upwards rise in the price of gold has seen a countertrend DOWN in the juniors.

And all with conglomerate gold projects have had to endure a double dose as the last few that bought in on Novo's hype, exit! Companies like MZN, DEG, KAI etc could never afford an intensive exploration program and have been dragged down, not because of any lack of prospectivity, but rather the sheer and absolute incompetence of the one main player who Sprott selected to lead the way.

Can only hope that Simon pulls off something in the forthcoming gold drilling program...a lot riding on it.