chart and comments, page-13

Wipper,

Still underwater on this one and have been for a year now. I invested rather traded on this one because I saw the potential in the numerous tenement they hold.

Recently I became increasing confused with the strategy that the board is using because I can't see any clear focus, like a kid going to a candy store not knowing which candy to select. They have lots of tenement, cash in bank, etc but yet other less advanced explorers like UMC, FRS and BRM were not even around when GIR were busily collecting cheap tenement during the dot com bust and they are still doing it whereas the other ones are already talking mining!

Not going to average down.

AJ