drilling results copper hill, page-8

Nice announcement if ou ask me.

What I get from it is this:

1) Resource envelope expanding
2) grades maintaining consistency or improving in open pit and
3) Very measured and incisive statement re: upgrade AFTER receipt of all drilling campaign.

I think they have learnt from their earlier lesson re: get excited and then dissapoint. Similarly, they have given definite timeframes on resourse upgrade - so there will be no speculation on timing of announcement.

Yes we will have to wait some more - but I'm happy to do so if I'm told how long! I've been a holder now for over 5 years and well 2 months is no time at all.

We will get an increase in reserves, no doubt in that. Whether its 2Moz + remains to be seen. But it looks to me that their attitude is turning to getting CH to full feasibility ASAP rather than tickle the market with info.

I own and will continue to own for some time yet. GCR will improve its SP in due course and substantially so. Patience is a virtue.

GC