overseas buying, page-13

Waiken... you raise a really valid point! And that is that one can look at Giralia on the sum of its presented current "core" activities (which stand alone are already significant), or you can look more broadly at the business model established over the last several years and the way in which each member of this family of companies influences the other - the interdependence of the relationships is really interesting and significant!

Aside from the excellent presentation this week, there is also masses of news out of a number of GIR's subsidiaries. With the size of the parent companies holdings 11% in case of PMH, each of these will and is adding value to the co/- itself. Ann Mason is a good example and we know the resource will be considerably upgraded within months and that Nevada will open the area for mining. Further, if PMH do end up with the uranium ISL operational within the next say 2 years, what value GIR's 11%? PEN too will likely be mining in the states within 2 years adding what more value, and lets not leave SA moves out of the equation as PMH gave an indication of this this week. And thats not to mention the others.

It's always worth keeping a close eye on what the rest of the gang are up to and what this will contribute to GIR. After all, where has all GIR's cash come from over the last 18 months!

The value of this company is far from realised, and oft far from recognised!

Cheers, DL