Thanks for your insightful input Bali .Based upon the...

Thanks for your insightful input Bali .

Based upon the Announcement released today all existing Gulf Shareholders should be allowed to make their own decisions and formulate their own investment strategies based upon the context of the imformation presented .
There are two viable options that have been presented to Shareholders . The continuation of The Managing Directors Tenure at Gulf or The Reinstatement of a New Director / Direcors and under this provision Gulf Shareholders should be allowed to make their own decisions minus manipulative or prejudicial influence from the board .
I believe it is in the best interests of Shareholders to examine both options and over the next few days I would like to look at Gulfs intention to drill Ebagoola in an attempt to establish how we are positioned geologically . How much preliminary work has been conducted in this area and who will be involved or overseeing the drilling operations . Based upon some assertions made within this forum as a concerned Shareholder I believe it to be prudent to look at such issues and examine how this proposed equity raising will affect the Companies current position and market perception .