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mansf7720

02/10/11 11:31 AM

#16 RE: devlin52 #15

Agreed...I have been checking out that trading as well...just to see what it looks like. There has not been a big swing either way in the PPS, which could be a good thing depending on how you look at it. I'd love to free up a bit more cash and invest some more here as it seems like this is at or near the bottom.

It has only been a couple of months since the MOI was signed with KORES so I have not expected to hear anything just yet. If you check out the following link, you will see that the preliminary stuff was going to be done January-March and a formal agreement (pending the prelim results) should be done in April. So therefore, I think we will have a few more months of some low PPS, but if the news is good in April/May then I could see this thing with a nice little pop. What are your thoughts?

http://www.grooteresources.com.au/images/stories/Groote_signs_with_Koreas.pdf