Bit of an update I have stumbled across, all looking good.
Of particular note directors are in London doing a roadshow before they head off to greenland, we can expect site visits by major potential strategic and finance partners.
The Danish Government Municipal Pension Funds have increased their shareholdings over the last six months.
I have spoken to Managing Director Rod McIllree who is currently roadshowing GGG in London and would make the following comments.
1.This project remains vital to Greenland's economic future as it continues its path to independence from Denmark.
2.GGG's influential proponents within Greenland have no alliances to any political party.
3.The IA victory was not unexpected,with much news of recent weeks informing of the probability.
4.Last month IA stated during a live television debate that they were happy to further discuss the uranium bi-product proposal.
5.Uranium was not an election issue.
6.IA will not have a majority and will form a coalition to hold government.
7.Rod McIllree and Chairman Mike Hutchison (current Director and former Chairman of the London Metal Exchange) will be in Greenland in 2 weeks to attend Greenland's Independence Day and will resume discussions with relevant authorities.
8 .The Danish Government Municipal Pension Funds have increased their shareholdings over the last six months.
As stated to me Mcillree considers this business as usual.
In the coming months we should expect
1.A resource upgrade incorporating results from the 2008 field season.
2.Updates as to metallurgy and progress with the feasability study.
3.Site visits by major potential strategic and finance partners.
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