Liars

They have lied before, and just about fabricated everything for the last four years, so why not now?

They have withheld financial information, run unannounced drill programmes, lied about ore sources, and are pretending not to have any reserves after spending tens of millions of dollars on unannounced drill programmes. They have refused to release technical information with the material fact, and instead decided to use production numbers, including grades, tonnages subordinated to payment-in-kind prepaid gold deals and held any number of production dore bars in escrow as a liability.

They have something to hide. SOMETHING VERY BIG.

http://www.goldenbandresources.com/html/news/press_releases/index.cfm?ReportID=203307

They believe they can outwit the markets, and have re-invented the wheel.

My assessment of this situation is that they will be taken out by a bigger player, which they have been trying to prevent all along with their obvious, sophomoric poison pill strategies.

Are they lying now? Who knows? They've lied about everything else.

-F6