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box927

07/26/06 11:25 PM

#439 RE: OriginalFred #438

Hi OriginalFred

Thanks for the heads up on the presenation. It may be just wishful thinking but I was thinking they would have at least some production before 2013. The so called exploration decline which has already been approved under their exploration permit and financed is going to be built to production standards the way that I understand things. Hoefully this will not take more than a year and then they should be able to do some mining. Ar least a bulk sample which they may have to get milled my a third party. Do I have this correct?
I am disappointed that the CEOs road show was a no show as far as the stock price is concerned.
Regards

amarksp

07/27/06 12:50 AM

#440 RE: OriginalFred #438

Permitting process and NGO's in S Africa make it much easier and faster to Burnstone mine into production. Even financing with S African debt facility is easier/faster as well.

Believe GBN will be in production by 2010, with any luck, should allow for at least some internal financing via Hollister...