GLOBAL MINERALS LTD NEW GMFLF

RE: pemican21

[pemican21]

The reason why the Tunisian deal was spun out was because of the magnitude of it.George initially had only one asset in CTG this was it.Because the price for zinc took a little longer turning than he and others expected,he decided to add some other assets to the company.His brother Terry had been aware of the Front Range project since the late 60's,so this seemed to be a logical addition,along with Jerritt Canyon and the 10 or 12 other situations in Nevada,George has really banked some fine properties.The decision to spin out the zinc I think is a good one,it allows them to participate, without all of the extra effort and expense, and to concentate on North America.It is a huge undertaking and will take a number of years to develop. I'm sure you like myself have been involved in many junior mining ventures.This has all the things needed to work and work very well.The only knock anyone can have against these guy's is they are not promoters.I've been caught by promoters before.So I'm quite satisfied where I am. Regards