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Bought in today. Obviously I first heard of BRDY in the talk about LDP/VIR but never really got inticed before. Mr Lee is a chairman at LDP, VIR and BRDY. Considering VIR made a ten bagger with LDP, seeing VIR have a 30% stake in BRDY since 1.15p AND the fact they haven't sold seems promising. Perhaps this is the next one after all. Some other stake building also now going on here by the looks of it. No word of any takeover in the pipelines as of yet though, am I right? So still a punt in my book, but one I feel comfortable with.

Cheers mate, much better. I was even on that website lastnight, dunno how I missed that pdf. Suppose I had expended all my research energy by then lol. I still need to look into it in more detail but that's given me a decent start. Seems like a non-compliant JORC resource isn't as bad as it sounds - borrow a whizkid to verify and done, JORC compliant... I'm sure it's not quite that simple but y'know. In Lak'ech!

Here's where I show my ignorance.. Geko project is not JORC compliant. What exactly does this mean? I tried to research it but I got lost in jargon and things I don't understand. Since they are planning on exploring this area, surely they want to extract the gold at some point, so where does that leave things for Geko? A lay mans explanation of JORC and what this means for Geko would be greatly appreciated. I've done far too much reading tonight, I haven't got the energy to figure this mess out myself.

ADI as a corportate advisor on the Evergreen Oil website*

This is a confusing me... Obviously there's nothing to read up on LSE about them. Their website states they were a medical company involved in mostly neurological based pharmaceuticals. They stated that it would be in the best interests of shareholders to change the company to an investment company complete with new name (ADI) focused on resources; gas, oil, etc. and also demerge their pharma into a seperate entity. Ok, that much I understand. I noticed someone mentioned they have invested in Evergreen Oil, but I can't seem to find any info on their holdings, the best I could find is a mere mention of ADI as a "corporate advisor" on the ADI website?? Then of course, comes the weird equity placings: 19 Aug 2011 - [ADI] has issued 1,648 new ordinary shares of 0.01p each in the Company at an aggregate exercise price of £8.24 30 Aug 2011 - [ADI] has issued 16,730 new ordinary shares of 0.01p each in the Company at an aggregate exercise price of £83.65 23 Sep 2011 - [ADI ] has issued 567 new ordinary shares of 0.01p each in the Company at an aggregate exercise price of £2.84 23 Jan 2012 - [ADI] has issued 6,735 new ordinary shares of 0.01p each in the Company at an aggregate exercise price of £33.68 By my math, every single one of these placements is at 0.5p a share.... Now, I don't really understand what the **** is going on here, but apparently this is worth 0.5p? On this confused and misguided research, I might throw in a few hundred quid just to see where this is going. After all, it seems someone is interested in gobbling up these shares, and sure enough, were heading towards 0.5p