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AIM MARKET really needs clsoely down

A place where Private Investors lose money at the expense of lifestyle directors

Last chance saloon for me is GEO

If the assets were that good surely the Placing would not have been at 0.10p

It should have been at around 0.16p

Have switched to GEO EXPLORATION (hoping to recoup my losses from here)

They have Callum Baxter on board the man who was involved in striking for Gold at Haverion.

A gamble though it is but they seem to be moving fast with their Gold Project in Western Australia

Any idea what the Back Costs could be.

If it could be £1m to £2m then hopefullyanother Placing will not be needed for a while and that money can be spent on drilling at JUNO

GEO EXPLORATION looks a better gold play on AIM then this rubbish.

They seem to be moving at speed and have Callum Baxter the geologist who was involved in finding HAVIERON

Took a big hit in WSBN...A complete lifestyle company.

Hoping to recoup my losses here.

Was looking for a good Gold Exploration company on the AIM Market with good prospects and this fits the bill.

Am out.

Good luck to those all still in.

How long is the £700k gonna last.

This is just a lifestyle company.

So what does it mean ???

Gold rice at record highs. Funding should not be a problem

Wander how it is going and at what price will be very interesting.

RP and DL should get their hands in the their pockets and participate .

Does anyone know if other Australian Gold Explorers on the Australian Exchange if they have gone up ?

Could funding drilling at Juno

??

£2m maybe or more

GoldWish168

Where did you hear that rumour JV with GGP ?

Market Cap £70m

A company where actual proper drilling was done.

Did hit a low of 1p but now 11p

If Poulden had got his finger out then this would have been trading a lot higher

Not viable a few months ago and viable

More digging needs to be done

Surely someone has approached them about FUNDING ..Could it be at premuim to the closing price

They just need to farmout their Gold Assets and let the Farmin pay costs for extensive drilling.

5p to 10p could be possible.

Why did this hit a Market Cap of nearly £25m

WHY ? and what went wrong ?

If the Austrialian Assets are worth around £4m in todays high Gold Price and Redsetter is very close to nearby discoveries then why not farmout 25% to a Partner to get drilling done.

Why not approach GGP

If Poulden had got his finger out and done more work on REDSETTER then this would have been trading much much higher instead of pocketing big wages from the PLACINGS

The Australian Assets are definately worth exploring

Last time the Market valued them at nearly over £20m when the Gold Price was half the price.

Maybe they have got interest from elsewhere

Will easily move 50% on any strong buying

Not seen in my lifetime on the AIM Market a company raise such a small amount. Used to be Millions before.

If it is going BUST then let it go BUST.

Next week should be interesting.