i have a query regarding yrr, page-9

jkim78

I don't see YRR or GPN as long termers - at least I hope not.

They will prove up there resources, and via JV's or total tenement/company takeovers, benefiting the holders, the money will be made here.

I understand that it is the Co's objective, to prove up a resource ASAP for the following areas:

Gabanintha WA - Vanadium, Titanium & likely Uranium
Money shoal & Nowthanna - Uranium resource
Peak Hill - gold (currently awaiting initial drill results)

Once these resources are measured, a decision would be made as to the feasibility to develop a mine independently by capital restructure and dilution, enter into a JV, or agreeing to a total takeover or partial assett sell off - of which I like the latter option.

There is much profit to be made for GPN holders.

Today was a classic example of no news combined with expectations of news, and a bunch of nervous holders.

All will fall into place, and the market will be informed in good time. I bought more today as these prices will not last.

You must remember: Once announcements are made, they stand in black ink - and one can't retract it. They want to get it right.

These guys are VERY busy, dotting the I's, and crossing their T's. All will start to be revealed in good time, who can't be far off now.

Cheers.