thoughts on indepenent expert report, page-20

Hi Champ,

I don't hold yet but I will soon as I am waiting for closer to December when the manipulation will cease.

I may not have all the information but it appears that they have a business plan to go from 120k ounces to 300k per annum.

A PE of 3 with incredible growth and funded.

To me I disagree that there are a multitude of opportunities better than GDO. To be honest I have never come across an opportunity that is better.

The only risk I see is that the chinese get closer to 90% rather than the 60% due to liquidity issues.

The value at 55c appears to be astonishingly good.