Q3 Fiscal 2012

I have to say that I'm thoroughly unimpressed with these numbers. Equipment downtime? Seems we also had a very lengthy unreported "equipment downtime" in December 2010, during commissioning. In either case, "equipment downtime" was not reported until the end of quarter.

I was expecting something like 12k oz., based on comments made during the earilier presentation. This did not even account for the numbers from the Riddle Till which were claimed to be 12 g/t. Why the company is going out of its way to blatantly discourage investors is an open question.

Go through the numbers yourself. Should be around 12k oz. total. If you use the company numbers, there's money spent unaccounted for. Its been that way every quarter.

Why would Netolitzky show his face in public at all and exclaim that GBN.V was the next discovery play with such a feeble effort? Looks from my perspective they're trying to undermine the balance sheet. Investors are being played here.

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