Ann: Annual Report to Shareholders, page-2

Summary of Annual Report



BoD Bottom of The Pit

All this Gold sitting in the ground doing nothing, that Gold should be doing all the heavy lifting......But NO!




No Scoping Study as promised in July, What happened to that money that went to produce that SS



Over 50 million shares for Performance!!!




Botch drilling at MTJV, which caused our share price to go from 8cents to 0.9 cents







$1.125 Million dollars spent to get GSR down to 0.009 cents




Great Year for GSR