RE: RE: GCU NI 43-101 I have a great deal of respect for Jim as a person. As a geologist and as a businessman with a desire to build something of value and of long-term potential.
I have asked Jim about Satterly and he told me that they needed to do some detailled work on the property before knowing what they had there but he believed that GCU had the potential for considerably more than 5 million ozs.
This was many months ago and in my opinion this is a great property located in a good neighbourhood of sorts. Only time can provide us with a true picture of this property but in my view there is enough to say that this could be an important property. Some fault me for my blue sky approach to things.
That blue sky attitude is only given to companies and properties that satisfy criteria that I use to determine their worth.
In truth I really don't care if people like my approach and my criterion. I place my bets and I take my chances.
The best part of it all I have fun with these investments and I continue to learn and build relationships with great people.