What excuses am I making for poor performance? None that I'm aware of, unlike some others. I did not say all my jr's were down, I said a large percentage of the overall jr market for gold is down. Actually I'm doing extremely well with OYL-black gold.

PDG, that's a good one that has a long way to go to get back,(long-term chart, yuk) and their grades are no better, perhaps not as strong as GNH. Same goes for PRB and you may as well put SPA in the same boat, GNH kicks their butts in grade, and many other factors as well.

Look at some of the market darlings ATC-KAM-GBB-PEM-LSG-SAS-OSK all down big time.

Once GNH have a RE, I'm quite sure they will be able to get the attention we need from the institutions.

It appears that GNH was not alone in producing results in a timely manner, it has been rampant in the industry. A fact about drilling, often one can not continue drilling until the results of the previous holes are totally understood, so that the next strategy can be planned. Otherwise one is potentially wasting valuable dollars.

Many of these gold companies will bounce back for those which have good programs, sound strategies and a deposit worth continuing to explore. I think GNH is one of those companies and I'm fully supportive of their plan of action.

Skier