peter smith, page-3

You have to ask yourself the question what the hell does he do week in and week out and is his fuction relevent and sustainable at Gulf Mines as a Non Executive Director ?
I believe he has been discussing or attempting to negotiate finance for drilling the Braemore project but this has been an ongoing process for quite some months and it appears we are no closer to attaining even a moderate level of funding to commence drilling on the Braemore Targets . Everything appears to be a work in progress and we are still conducting discussions with private financiers and bear in mind it has been almost a year since the acquisition of Braemore and who is primarily responsible or involved in seeking to raise funds .its getting beyond a joke . no wonder shareholders are frustrated .