Well I can officially proclaim I am out of the GNH business. After having been involved for over a year as a share holder of a decent proportion). I did as I advised I would and had my stop losses set under .40 and sold off for my tax losses for the upcoming season. My average price on these were about .55 averaged in. Now I previously did make money along the way up from .18 and kept selling here and there to "ride the free shares", but at the end of the day averaged out at .55 for those holding. So maybe I broke even at best, or just a tad under after all is said and done.

Unfortuntately some people here won't fare as well (unless the BIG one hints - which everyone keeps hoping for). I do wish everyone luck if they personally decide to hold, and I may revisit down the road to find you are all wealthy?! I just hope my revisit doesn't tell the stories of losing your shirts, homes, cars, etc. all on an exploratory company.

As I have mentioned for the past couple weeks throughout various posts, the downside is huge on this stock without any real updates or positive news. Obviously this mini update that Management just recently issued didn't do a thing to stop the running tap, that once used to just drip. Now is the time for calling a plumber! by the looks of things.

What does amaze me though is how people continue to call this a "buying opportunity". I was away all day in the US and let the stop losses work their magic in absentia and I commented to my wife on the way home -- as soon as I get on the "board" people will be declaring this as a buying opportunity, just like it apparently has been all the way from .79 downward. I joked that I might go through all the old posts and price points and find how many times this "story was told" as a buying opportunity.

Bottom line in my humble opinion is I think you will see .20 before you will ever see .80 again unless the news comes out that just blows the market away. As I said before you could have a billion ozs of gold but if it is not mineable and profitable enough it means nothing! Maybe that is part of the problem of our tale? I don't know.

While I am sad to see my "golden dreams" vanish today, I was sad when my .79 stop losses sold on some shares to, in hindsight that was one of the best things I ever did and it secured some profit. At the end of the day this probably helped me break even.

I don't see this picture getting any rosier, unless the results speak volumes. Golden Hope had it's chance with the first big results of assays and it failed to impress the markets or critics, and hence this is why we are where we are now. Lesson learned, never to fall in love with any stock, and not to put all your eggs in one basket.

Bash away at me if it helps you feel better for your current losses or situation. But what I will say is that at least for the last (2) weeks I was right about this apocolypse coming, unlike many of the so called trusted pumpers (errr.... posters), and the technical guru's and I am just the guy "from the mailroom"

See you again when we are in the .20's and I think of rebuying...

All things considered though, no hard feelings, I do wish everyone holding good luck and hope it does turn out, I don't like to see anyone lose big time.

Best Wishes for the Holiday Season.

Madstal --- from the Mailroom.