Hi Tawnyport, fully agree with your thought process on the...

Hi Tawnyport, fully agree with your thought process on the future prospects for GRK. To be honest, i am not really surprised to see the market reaction today with the announcement. Whilst it was not ground breaking news, what it did say to me was that their prospects of securing funding for drilling etc is now a given............my opinion only.

Also, i previously commented on HC that i thought the main reason for the downward pressure on the sp was largely driven by the risk / reward aspect of the project, not a great place to be especially when you have global panic around "credit" and a total aversion to "risk" at the moment. I am sure once we go through all the pain with the market ups and downs, GRK will revert back to a more realisitc price in the mid to late teens...imo. Until then, for me a great time to accumulate on the dips.

With regard to your comment about the guess work on todays announcement, yeh, i agree a bit strange they were so precise with their calculations. Anyway time will tell how close they are to the mark....cross fingers !!.

On a final note, i hate to think what would have happened had this ann came out on a good day.

Good Luck and keep the faith,...remember we have some smart boys backing this project

Cheers
R