entitlements, page-2

Datz - a few corrections:

1. This is a rare opportunity to invest in an ASX listed company with real uranium production potential in a well regulated low risk political environment. How many ASX uranium juniors will be able to produce within 12 months in that environment? Answer: None !

2. The fact they already have historical estimates from earlier drilling is significant. It places WCU miles ahead of almost every uranium float in Australia because this earlier drilling work, which has millions of $$ in cost value alone, has been done and has shown economic uranium deposits are there.

3. Further drilling earlier this year confirmed and improved those historical results - see 3 May 2007 announcement of GDN.

3. WCU has access to the White Mesa Mill, just 50 ks or so away - a mill and transport connections do not need to be built.

4. Mike Shumway's shares are escrowed for 2 years - he has his sons working in uranium, he has a very big incentive to make this work, he has a strong uranium team which is a rare and valuable asset for the company, and he has a strong track record.

5. You say the directors of GDN are picking up 2 pay packets. Not true. Read the prospectus. Their time has been apportioned in the consultancy contracts they have entered into with WCU. Detailed disclosure has been made.

6. GDN shares are escrowed for 2 years - in total, @ 50% of WCU shares will be escrowed in the first 2 years.

7. So, strong operations management through Shumway and his uranium team; no mill to build, and it is close by; significant in-built value from the historical drilling results in a jurisdiction (Utah) where uranium mining is already taking place, ans results were improved with recent drilling.

This is not like the wildcat gas well Paradox # 1 - that was a wildcat, with significant risks attached to it. Even Chevron can spend $ US 60 million and not find gas !! This is different - they know the uranium is there.

How many other ASX uranium juniors which have floated at 50 - 100% above IPO list can offer that ?? Africa - significant political risk, Australia - they are not even at base 1 with "an historical base" to work from as far as I am aware.

Just a little perspective for this HC site !