EIA Delay Update, page-13

Chaps,

Can I first say I’m sorry you feel that way nro however I don’t see those comments as dire a circumstance as you assert.

The EIA is an iterative process (back & forth) and inevitably there will be minor changes required to update and prepare the document for public consumption. Those changes will also require translation. I find nothing particularly concerning about that.

It wouldn’t look good if the government automatically approved the EIA & SIA upon receipt would it? The environmental groups would jump all over it! To be honest it’s better to have them sit on the documents for a while and require some minor revisions (it looks like they are doing their job) before it gets approved for public hearings.

In terms of the SP, it’s really a matter of investment strategy. We are globally going through a tough period which I anticipate to continue for quite a while. If capital protection is a concern it’s best to get out as this is a speculative stock (technically although I think it has a great future).

Happy to start buying again if everyone disagrees and add to my already very overloaded GGG position!

GLTAH