Good day, Bru4orr.

In the current economic environment, only "story" stocks have potential for significant short term gains. As we have seen, these too sell off quickly after brief rallies. This, combined with relatively low liquidity, has effectively eliminated the short term traders for GUY.

The longer term outlook is much brighter and bodes well for long-time shareholders such as yourself. Looking forward 12 to 18 months, with a feasibility study in place, conservatively, a $7-$8 SP is attainable. Obviously the wild cards will be the POG and takeover offers. $900-$1000 gold and multiple suitors would make things extremely interesting...

It is amazing how valuations of assets are being discounted by the markets. Last December, GUY management deemed the company undervalued and effected a normal course issuer bid for 1.025M shares. This was completed in September with the company paying a high of $4.27 and a low of $1.95! Obviously Sheridan is a believer, having personally purchased over $3.5M in the last year. (The 431,600 shares bought by Octagon over the last month have been on Sheridan's behalf.)

To answer your other questions, I've not been in contact with the company as of late and there is nothing material outside the PR's to report. I started this hub on Agoracom to help spread the word of a story I believe has great upside potential. IMHO, your patience will be well rewarded Bru4orr.

GLTA,

Joe

Here are all the house positions for : GUY from 11/9/2008 to 12/9/2008.

26 Records Returned

House Positions

	Exch	House	Bought	$Value	Ave		Sold	$Value	Ave		Net	$Net
		64 Octagon	431,600	280,140	0.65		2,200	1,872	0.85		429,400	-278,268
		7 TD Sec	107,826	89,325	0.83		42,264	33,963	0.80		65,562	-55,362
		1 Anonymous	260,800	216,523	0.83		199,400	170,085	0.85		61,400	-46,438
		6 Union	39,600	30,673	0.77		0				39,600	-30,673
		46 Blackmont	34,000	33,590	0.99		5,333	4,736	0.89		28,667	-28,854
		80 National Bank	43,000	39,035	0.91		21,500	17,800	0.83		21,500	-21,235
		2 RBC	23,708	21,764	0.92		4,000	3,170	0.79		19,708	-18,594
		44 Jones Gable	25,000	19,160	0.77		13,300	10,634	0.80		11,700	-8,526
		63 Byron	60,975	52,039	0.85		49,578	45,595	0.92		11,397	-6,444
		79 CIBC	33,704	28,916	0.86		27,144	23,401	0.86		6,560	-5,515
		88 E-TRADE	42,400	40,567	0.96		37,700	33,067	0.88		4,700	-7,500
		68 Leede	2,000	1,980	0.99		0				2,000	-1,980
		96 TSE	240	211	0.88		0				240	-211
		121 Jennings	390,000	335,400	0.86		390,000	335,400	0.86
		16 Paradigm	489,100	469,085	0.96		489,100	469,085	0.96
		15 UBS	0				1,315	1,249	0.95		-1,315	1,249
		57 Interactive	400	385	0.96		2,600	2,548	0.98		-2,200	2,163
		9 BMO Nesbitt	600	561	0.94		3,000	2,470	0.82		-2,400	1,909
		39 Merrill Lynch	0				3,805	3,159	0.83		-3,805	3,159
		19 Desjardins	0				4,000	3,800	0.95		-4,000	3,800
		124 Questrade	9,200	8,110	0.88		17,900	17,776	0.99		-8,700	9,666
		85 Scotia	61,500	41,060	0.67		72,000	51,647	0.72		-10,500	10,587
		65 Goldman	0				13,804	13,366	0.97		-13,804	13,366
		27 Dundee	0				16,900	16,601	0.98		-16,900	16,601
		33 Canaccord	687,975	625,819	0.91		763,585	688,809	0.90		-75,610	62,990
		73 Cormark	696,000	545,520	0.78		1,259,200	929,630	0.74		-563,200	384,110
		Total	3,439,628	2,879,863	0.84		3,439,628	2,879,863	0.84		0	0