manipulation, page-5

Thanks for that GC.

I agree with your sentiments about next year.

About this time next year they will be close to a decision to go ahead and build a mine.

If they do and Cu and Au can stay around these levels (even if Cu were to correct to say US$2.00-2.20 a pound, and many predict Au above US$700 an ounce) then GCR will not hang around at a $25 mill market cap for long.

I believe, like you that this is a real sleeper.

The low grades are very much offset by the dual commodities of Cu/Au and by the great infrastructure, which we all know about.

I believe that the market has put a black line through them because of the low grades. Only time will tell who is right and who is wrong. Although Cadia is bigger, they have mined successfully with similar Au equivalent grades at commodity prices much lower than what we are experiencing now.

If Copper Hill can bridge the resource gap to Cadia (it may never get to that size but 250 mill t of ore is a possibility) in the next 18 months then it will look even better for GCR.

Flipper