an explanation of todays announcement, page-9

perfectly predictable price action today... the late sell off was perfect price action...

if AGS is capped at $460m and GIR is only capped at $100m (using today's close).... please do the math.

both companies have very, very similar characteristics...

once the market wakes up this, the GIR share price will be re-rated.... this won't happen until further drilling results show some excellent grades, and this doesn't even take into account "Deep South"

Remember - Heathgate are a private company, so they do not care about positive announcements as it does not make them any money.

All they care about is getting uranium out of the ground. And the fact that they have just extended their "Deep South" MINING permit right UP TO the boundary of GIR's tenement, indicates, that this is where there focus is lying as Deep South will actually prodcue cash for them.

Let the suckers sell. This company is "gold".... err.. I mean, uranium