Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Down again today on big volume

The other day when I posted the shares were down .04 on nearly 300K volume and below .30/share. That's well above the normal daily trading volume and although it's not millions of shares, it's still well above normal volume taking the SP lower. This is not comforting to me and indicates that SOMEONE is losing faith in the process and/or lack of progress in this management getting a deal done. Any answer I get from the Company is that things are progessing and all is well. That's their word, unfortunately the drop in the share price indicates to me something different. We all know Gutnick has a shakey past when it comes to his dealings and I won't trust anything except the confidence that comes with a higher SP.

I won't add one more share until these guys get a decent equity partner deal in the books, if they can do it. To this point, I'm just going to be happy to get some of my money back and I've got too much invested in this thing as it is.

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