GMM

While GMM has risen sharply in the last 2 days, a word of caution. Two points:-

1) The Russian had found potash very nearyby in that area but not IN the tenements that GMM owns. So, nothing has been confirmed yet but potash is expected to be found deeper than at the recent drilling depth.

2) The board does not know why the share price has jumped so much so you have to realise that the share price has risen because of "potash" and "Mongolia". These are the very reasons why you should have bought GMM. As usual, share prices which leap for reasons that are not solid, can collapse suddenly, without any foundation.

I don't intend to sell any GMM yet. I am not a gambler, based on luck, and I expect potash to be found, based on geology. If the thickness is not commercial, then tough luck.