They are already making progress on their Winter Drill Program. According to the news release on Jan 18th, 2 infill holes have been successfully drilled and the 3rd rig was getting set to expand the strike length to the southeast.

Because they are drilling in 50 meter fences for both infill and exploration, as highlighted on the news release on Jan 11th, the updated 43-101 will likely have the majority of the resource in the Measured and Indicated category.

Management releases news as expected. In their last release they said, "Remaining silver assays from holes drilled in 2010 are expected back within a week." Exactly a week later, the market receives news.

GCU has presentations scheduled for 3 consecutive days after the Vancouver Investment Conference.

The company is fully funded for the current winter drill program, the subsequent 43-101 compliant estimate, consulting fees relating the the scoping study, and other corporate expenses.

Sheldon Inwentash continues to buy. He bought 50,000 shares at $2.00 on Jan 14th and 38,100 shares at $1.95 on Jan 17th.