Ann: High grade assays point to significant maiden Resource-GPH.AX, page-70

"In your post you draw comparison between the intersect of the basal sands and the interval sampled."

Yes I do, read the announcement again when I see far exceeding expectation I don't expect the 20m - 50m of basal sands to absolutely blank, that a ridiculous outcome.

"you cast dispersion's and question the validity of the whole report." no the company has done that to themselves, the asx pulled them up last night for more incorrect statements in the latest announcement as well, their credibility is shot for the moment.

Look at the April 7th announcement carefully




Intersected substantial widths in all holes 20m-50m of the key basal sands, which typically yield the high volumes, - making extremely bullish statements like this you set expectations of not seeing blank holes at the minimum, I believe after making a statement like that to see a blank hole the market has been mislead, they are not that incompetent.

Far exceeding expectations - another outrageous statement given the actual results, when you say exceeding expectations let me show you my expectations.


I was expecting similar results to the first round of drilling, we are well down on intercept length and grade during this round, far exceeding results is a massive statement to make and it's actually quite the opposite.

So I don't understand why you would say I cast anything upon them, this is self inflicted wound that we have to pay for, 3 big extremely bullish statements, all 3 of them turned out to be incorrect.

As for "The validity of the whole report" once again it's because of the companies incorrect statements not mine, forget the lower grade and smaller intercepts, you simply cannot claim all hole intersected and far exceeded expectations and have a hole come up blank.

Totally unacceptable result, the validity of their reporting is in question, but not because of me.

As for the upper sands I was well aware of them we intercepted them last campaign aswell in greater length and grade, they are nothing new.

With all that said do I think this is the death kneel for the project absolutely not,
Do I think it was a positive announcement absolutely.
Do I think it's still undervalued absolutely
Do I think with creasy on board it will get a start absolutely
Will I buy GPH again absolutely
Am I pissed as hell they way way way over hyped it and turned a positive into a negative absolutely..
In the short term is it going to get punished for this complete * up absolutely.