GLOBAL MINERALS LTD NEW GMFLF

RE: NEWS

[blackjackall]

Sushi, most junior mining companies never get to a met report. Obviously there is a deposit here, I don't think anyone questions that. I don't see this as bad news but that still does not change the issues here. This project will require a lot of funding and this company and there management have proven that they do not finance well and are not efficient with the money they recieve. Chincy, you are right, they have gone to the well far too often and have disappointed all their financiers. As they become more squeezed for money they will get more desperate and likely will end up selling this project for peanuts if at all.  They are losing any leverage they may have everyday that they burn more money.