Ann: Gruyere Attains Commercial Production, page-27

A particularly Good Gold Day to announce commercial production.

1. GOR's sp will be more closely tied to the spot Au price. This has always been true, even w/o producing a single oz(?!?)
2. GOR's sp will be directly impacted by future exploration. The potential UPside is significant.
3. GOR will receive a greater premium based on its: address; being a regional play, and Au's ascent.

Often the sp can suffer at this stage of a Au just-producing evolution. The excitement of speculators over drill results dampens the sp, BUT this should be mitigated by GOR's fully internally funded regional exploration. Add a bit of t/o buzz, more real today than yesterday, and GOR is going to go up.

Any, ANY hiccough in mine operations -- and there almost ALWAYS is -- and shorters will pounce like the ^)*&^)%! they are.

I await: hard production numbers for a full Q, April(?) 2020; next drill results, and; a divvy -- haha, not holding my breath, guessing after the next mine is done.

Good Times!

OV