U3O8 (UTO )another GIR offshoot also announced some good results recently: "Further Significant Rare Earth Oxide Assay from Ashburton JV"
FYI: GIR's stakes in other companies as of APRIL 08:
Giralia holds significant stakes in several ASX listed companies, largely as a result of the spin-off of independently managed and funded companies over the last 2 years. This strategy has resulted in the acceleration of several major, drill-intensive projects previously held by Giralia toward development, and Giralia shareholders have benefited through priority IPO entitlements and in specie distributions. In addition to a cash balance of $58 million at 17 April 2008, the Company also held the following strategic stakes: