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To: marcos who wrote (26549)11/29/2006 8:00:30 AM
From: loantech  Respond to of 78422
 
Marcos,
I have not lost the flavor for GGN but it is a disappointment near term. Was a bit heavily weighted as I was counting on a repeat of last springs graben results which will still come.

The Borealis concept is quite interesting but the results from the Pediment will be further out than Graben's and I think that is where theya re testing the model initially?

With the debacle though the results will be checked and rechecked. Data will very carefully be added to reserves and resource so more time will elapse until results are out.

As A.M. said no reason to put anything out on reserve numbers or results this close to getting egg on their face.

Will still hold a bunch but sell half.

I know GOZ has good management in the ex Cumberland founders but have not looked that close after I sold because they could not get traction in Honduras.

Tom