RE:News
Thanks for posting this as there is still nothing on the website. I think that there is a substantial benefit to the directors of GUM if they can establish a 1 million ounce resource prior to Feb 16, 2016. Although they may be shelving the bulk sample mining for the time being I would doubt that they would stop trying to find more gold as there is a 2,000,000 share benefit if they can find the one millionth ounce prior to Feb-2016. None of the 600,000 share option at $0.10 was excercised and therefore expired and the balance of the options are for stock at substantially higher prices .