I am sure a lot of you have been invested in precious metals stocks for quite a while. You have seen these market highs and lows happen 2 or 3 times per year every year. The market looks like it is coming off the bottom again with the makjors leading the way. GNH has to be patient and their price will rise too. We can get much better terms for financing at that point. In the meantime we are in wait mode.

Keep in mind that the RE had excellent grade. We just need to increase the ounces to make it viable. Extorre got bought out at just under $200 per oz. Think of that.

Bob