I don't know that you can make a close comparison of GNH to CAN.

CAN delivered a resource estimate this morning that shows a million oz to a market that was expecting MUCH more. Actually, a mill oz in the location they are will likley never get mined as it is simply too small to justify the infrastructure.

The market seems to be expecting GNH to have trouble reaching 500k oz and the SP reflects that expectation. I expect that failure to deliver may result in a bit of a hit, but probably nothing like CAN experienced this morning.

On the flip side, if they over deliver with 6 or 7 hundred oz, we could see a bit of a run, but limited by the cheap shares and warrants at .20 or less.

My biggest concern is the delay. We are now several months overdue with this RE. Is the delay an effort to get as much drilling included in order to show the promised 500k oz, or is it too show much more than expected.

One fact that shows up very blatently with CAN, is the drill results they consistantly reported compared to ours, yet at the end of the day they only have a mill oz.

I dunno

K