wcu - mine approval given yesterday

With WCU finally getting their Mine Approval yesterday, this will add value to the SP, however dont see it being super significant by June 30, however will assist the SP to increase the possibility of options (GDNO) being converted.

GDN hold 45 Million shares in WCU.

IMO this will provide a SP value of 4-5c to GDN by June 30 2009.

With the Mine Approval - expect to see this being factored into the GDN SP, even more so now.