Picked up more today in the auction, have finally averaged down...

Picked up more today in the auction, have finally averaged down close to the current share price from my original purchase back in January at 1cent :/

The proposed share consolidation is excellent news. When she moves up it will be alot quicker with less shares on register holding it back. Nothing worse than trying to get through roadblocks of 10-20 million share pips only for someone to come along and smash it down.

After the CR : shares on the register will be 2,089,641,431
Current share price : 0.003

After proposed consolidation
Shares on the register : 104,482,071
Share price after proposed consolidation at current price should be : 6 cents

This excites me from the latest presentation

1. Two New Discoveries at Dandoko Project announced Jan 2014, located 30km E of 5.15Moz Fekola project (ASX: PIR) and 50km SSE of Randgolds 12.5Moz Loulo mine. Second Stage Follow up Drilling Planned for 2014

2. Management history of large gold discoveries in West Africa (now totaling >35Moz)