PRW 0.00% 0.1¢ proto resources & investments ltd

Ann: Letter to Optionholders , page-4

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  1. 1,126 Posts.
    Hello guys. No I haven't been holding for months now. I got dissapointed by the way things were going in 2011 - I just can't see MFC coming up with $30 million needed to fund Barnes Hill. Exploration by GTE at Doolgunna has been disapointing to date. Not keen on their European strategy, think it stretches the company too thin. Didn't understand what Proto gained from the share lending deal with GNI. Exploration hasn't uncovered much to date. I am still watching it and I hope they turn this around, but don't think I'll buy back in at this stage without good reason.
 
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