Dr Paul Zweng, Portfolio Manager with Resource Venture Advisors Fund in Beverly Hills ,Calif , whose fund holds shares in GCU had the
following comments about GCU in an Interview with The Gold Report on Sept 15th,2011. Dr Zweng
says GCU is a wonderful story,it has 90M shares outstanding and it trading at about $3.00, but even at
today's level, I think this a very interesting company. I think Springhole is going to have 6-8M ozs of
Gold. There are a lot of holes and very little exploration risk. I think it could easily be a double or triple
just based on an ounces in the ground analysis.
The management is more of a geologic team. I don't think they are actually going to try to put it into
production. I think GCU will be taken out within 2 years. I think it will put out it's N1 43 101 and that
will give the majors the comfort that the project is sufficiently derisked. Given it's large size and
Canadian location,particullarly in Red Lake ,this is going to be gone.
Came across this article tonight, thought I would post the Highlights of the interview regarding
the GCU portion. GLTA LONGS