Ann: Rig Secured for Wyoming Drilling & Utah Fieldwork Complete, page-12

We are definitely a holding pattern right now until further news. Most of the main selling and bonus rights profits have been executed by now, so therefore there is less selling pressure moving forward IMO. There will always be impatient holders or a bit of Christmas selling but I think the interest is strong enough in the Uranium market to absord this. A strong base has formed around 3c which is good news, hopefully some news on drilling or recent exploration will form another base closer to 4c.

In the last announcement, Management said we are on track for drilling Wyoming in December, but in one of the other previous announcements they also mentioned that they were ahead of schedule and a November start was also a small chance of happening. IMO we should get an announcement about drilling starting either in the final week of November or the first week of December.

In the last announcement, they also mentioned that field exploration was completed at Utah. However, it was just a paragraph summary of activities which took place. It would be nice to get an announcement regarding this exploration with more detail, more precise maps and maybe scintillometer readings etc. Hopefully, we get an announcement in the next couple of weeks regarding this prior to the drilling commencement announcement.

The first quarter of next year will be when the big news arrives which should re-rate us and bump the price up a lot more - assays returned from Wyoming drilling and the commencement of drilling for Utah.

Patience is needed here like any stock, but GTR is definitely one to keep in the bottom drawer for at least the next 6-12 months as IMO, the upside is very high for a good return on your investment, especially with the current Uranium sentiment.