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Re: amarksp post# 22

Friday, 06/20/2003 1:41:49 AM

Friday, June 20, 2003 1:41:49 AM

Post# of 14330
amarksp: Attended the GBG annual today (also last yr).

Could add to this article the following:

If trial mining is decided on, would add about 12 mo to
dev time.

Area 2 drilling to take 4-5 mo with resource calc about
1st quarter 04.

London listing cost about 700k US, split about half between
actual work and bal for guarantees.

The formal part of the meeting had the increased options
as the only point of contention. I was the only holder to
object but my 129k sh would have needed extra 300k to knock
it down. The mgmt 2.1M sh could not vote, and since only
another 12% of the holders bothered to vote at all, it
carried by a small majority.

From memory, since I never take notes, will try to report
in next few posts some possible points of interest.

Thanks for starting this thread.

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