He said this publicly at the Cambridge Show. Now he gets to buy it at a discount too!

The problem right now is panic and lots of it. When this happens, no matter what the fundamentals are we will go down until we hit a point were people realize how stupid it is to sell at these prices and money moves in to take advantage. We sold 5.5M shares today-Jitney the biggest sellers and I watched them play their games today but even they got caught when we broke support at 55.

I was going to do more DD tonite and look at hole by hole comparisons of diorite vs gold. My theory is that if you have no diorite, you have no or very low gold. If you have diorite you have gold. I also postulate that the grade of gold may have some positive relation to the amount of diorite. Unfortunately, I am too tired and burned out from puking with Semi and this will have to wait for tomorrow. However, if my theory holds water with our current results, it increases the likelyhood that holes 127 and 128 on Snow White will yield some good results, maybe very good results if the length of diorite does play a role.

I have chartist friends who say support is next at 45 then 37. I know there is panic out there but I have a feeling we bounce tomorrow and will not see these low numbers. This could be a dead cat bounce but I think we get a bounce just because we have come down too far too fast.

Good luck to all tomorrow,

Glorieux