Ashanti Gold Corp. GULSF

RE: MAYSTEELER (Andrew K)

[GA_Makemyday]

Andrew, the fact that Canacord called this the 'PLAY of the year' should be ample tip-off of the true nature of this company and of what was, and still is, going on. In many respects, in the eyes of certain people, GUL is just that: a highly speculative PLAY for the well heeled, well connected, manipulative, greedy sharks who rely on more naieve 'players' to keep the funds flowing into their honey pot. But that is how the venture exchange in Canada works - for any of the stocks listed there, not just GUL. I do not mean to reflect negatively on GUL or any other TSX-V company - I am sure that many of them are simply trying to achieve their business goals and succeed in life. But the fact is, this is how seed money for start-ups, and otherwise precarious exploratory operations, is raised. If it wasn't for the Venture Exchange, many companies would simply not stand a chance of even throwing their hats into the ring. Rules? Well I suppose there are some, but they are so full of escape hatches and loopholes that they are best summed up by the phrase "buyer beware". JMO. All that said, I am still optimistic of this company's chances to succeed. But as CaC said, I am always mindful that this is a speculative 'Play'.