Ann: Market Update, page-13

RED could I also just add that the timing seems to suffice with current expenditure programs and future cash positioning of the company even if given a continued dire global economical system remains, which I can't see this contagion lasting that long but who is to truly know apart from the one who knows and sees all.

I do believe that GRL, given the location and other majors in the area with diminishing Au resources, could become a takeover threat much quicker than what people believe. That said this will also be driven by other junior activity in the vicinity. This is the beauty of porphyry deposits, the FOMO effect is high compared to other deposit styles.

I feel that GRL is well priced, I'll continue to buy as money enters the company-bloodline coffers; I am at the point now where I believe anything under 20c is money for jam over a medium time-frame.

NL.