Ann: Update on Merger of Greenstone and Horizon, page-7

We learn lessons every day about this end of the junior explores want -to-be producers.

The gold price hitting highs and every mining company with gold in the ground wants a workforce and deals with mills etc to make money.

We GSR merge with Horizon and many of Horizon lower grade deposits start to become profitable to mine. I would think a gold producer would have this new beefed up Horizon on the radar for an off-market takeover (similar this merger) or maybe an aggressive on-market takeover for Greenstone before the merger meetings.

I must admit I would preference the off-market takeover as we would surely have the numbers to block it if the offer was not to our liking, and then we can continue with our projects as we wish.