european starts to realizes gor potential, page-2

Welcome aboard true athlete,
It is great to see some European investors here, I am glad that Ians' roadshow is having an impact. As you would be aware we are currently in a trading halt awaiting details of the latest capital raising, and as you pointed out it should be for $5mil. In addition to this there are also Listed options exercisable at 7c in July 2011 and unlisted 20c options due next year as well. All up we will have about $10 mill in the bank next year.

The area where we are exploring is very remote and arid ( one reason why it is under explored). The summers are hot but I have heard somewhere that work will be done pretty much year round.

There is not a lot of infrastructure, roads etc however our neighbor to the south Anglo Gold Ashanti have a 5 million ounce deposit called tropicana for which they have just finished a feasibility study and plan to proceed with a mine soon. They will be building access roads which will be good for us.

We are all looking forward to 2011 as it should be a huge year for Gold Road and her shareholders.

Regards

Will