Hi Fellow GCU longs, I have owned a significant posiion with GCU for the last 3 years and hae allways apprecated the thoughtful comments and opinions expressed on this board.
I attended a presentation by Troy and Akiko on Friday afternoon and left the meeting more confidentof my investment then I already was. Lots of facts were reviewed but more importantly, both Troy and Akiko spoke very candidly about the "asset" as they called it. One very significant thing we learned was that before accepting the CEO position, Troy looked at over 60 companies and recieved over 20 offers. With his background and proven success, I would tend to trust his judgement in choosing GCU over the rest.
Troy and Akiko acknowledged that a better job could have been done in communicating the developments to the overall market and that a "very experienced" marketing person is about o come on board. It's my impression that they got this message loud and clear fromall the shareholders they met with last week. Troy has an extensive travel schedule to engage with the marketplace and do what he does best. He also expressed that there are a good number of major US investors that have expressed an interest in taking a large position of GCU, and that he and his team will coordinate them with any current large-position holders who may wish to sell and take their gains.
They also touched on the rare-earth property in Malawi and from what they showed us, the indications are that this could be a significant asset to Gold Canyonand possibly if moniterized, would provide ample financing for production of Springhole.
Oh yah and the "water thing" some are concerned about, Troy made it crystal clear that the area that will need to be drained represents only 15% of the lake and is a very shallow part. The cofferdam procedure that they are using has been successfully used in far larger bodies of water. Both he and Akiko expressed no concerns what-so-ever on this issue.
One last thing, they told us that there will be one more drilling result announced by the end of the year.
GLTA and Keep the faith all, good things come to the patient investors who wait! IMHO