It is a good report -detailed. A couple of key points in the short-term include:
(a) Permitting is now in place for initial drilling at Mt Webber. Track construction has commenced to allow drill rig access to the top of the steep sided, 100 metre high ridge. Subject to completion of a satisfactory access road, drilling will commence in late May 2009. Pronbably reasonable to expect results late August/early September - GIR only have 75% of this project
(b) The Company continued discussions with parties interested in joint development of the Snake Well gold project. Like the sound of this - it sounds as if GIR are getting somone else to develop and mine it. Good move.
(c) Flora surveys are planned for May 2009 at Earaheedy - but don't hold your breath
The sleeper project of course is Lake Frome uranium project. This could be a very, very big project in its own right.
GIR Price at posting:
56.0¢ Sentiment: LT Buy Disclosure: Not Held