Discovering Canada’s Coal resources

Intersected 23 metres of Black Coal - Border property 50km north of the town of Hudson Bay, SK

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Message: GXS continue to respect the retail investors

GXS continue to respect the retail investors

posted on Apr 21, 2009 05:05PM


Talked to Fred again on phone.

The amount of work in winter drilling ,because of favorably weather, had increased 50% (as the original plan to drill is 58 holes, now we have 85 holes)

Need to have all results in place so that investors can know the whole pictures instead of spoonfeed in pieces. ( I personlly think that it may take another 3-4 weeks time)

AGM will be around the end of June.

The largest single known investor /institution is around 5 % , there is a poison pill established last May 08 to safeguard the unfriendly buyout.

The management are working hard to enhance the investors value.





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