GBN.V news;

http://www.goldenbandresources.com/html/news/press_releases/index.cfm?ReportId=203178

These top-notch, world-class grades are proof of the geological concept, that we have a greenstone type deposit, which you can infer runs to depth, and that the same geology is repeated consistently in different locations. But, we've had so many of these kinds of cores in the various locations, nobody notices.

But there won't be any reaction in the market. Why? Because the DFO is a much bigger problem than the company wishes to admit. They'll have to get Environment Canada to recommend approval of the TMF to cabinet, much like Terrane is doing with Mt. Milligan to go over the heads the DFO.

Secondly, they have been relying on the same inferred geology in all of its drill programs while obfuscating the merits of the project, only giving out the minimum. Why, for instance have they only drilled low grade portions of the Bingo at depth? Wouldn't you want them to drill at the high grade extension? Why did they drill in the wrong direction in the mill zone and do not share the SGH results, the largest SGH sampling ever in the La Ronge? Why did they drop the exploration of Birch Crossing? Why are they obviously downplaying the RKN by saying they're going to mine Golden Heart?

The company cannot go on hitting the ATM indefinitely with 200m. shares out. They are at a crossroads and must reverse split or go bankrupt. And, they require federal approval for their project.

F6