I think most of us are in the same position, with a varying degree of losses. The stock has taken a significant beating since September, and right now it appears that we may have been had, but things can turnaround just as fast as they have gone down.

NTR (Northern Tiger Resources) went from a high of .84 cents in September 2010 down to .34 cents by year end and it has slowly rebounded back up to about .50 cents.

At stock house, someone posted a target price for GNH around .50cents to .60 cents. Perhaps this target price is overly optimistic, but I think it is reasonable. Their reasoning behind their target price in large part was as follows, which I tend to agree with:

· Results of the bulk tonnage sample and the drill results have been excellent, strongly indicating the existence of a large deposit;

· GNH is moving towards the first resource estimate in the history of the company as well as the first resource estimate in the history of the region.

· GNH is well funded, with $4million in the bank.

· Frank Glass recently invested $200,000 in the company at significantly higher prices (around $.40 cents a share). He also considers GNH as part of his retirement portfolio. Frank Glass is a well respected geologist.

· Frank Candido and his family own about 6 million shares. Frank continues to buy shares, which shows that he still believes in the project.

· James West continues to hold onto his position in GNH. He owns around 200,000 shares purchased at around .40cents.

· I think HOOV continues to be a shareholder in GNH. Though I have not met HOOV, he appears to be a very knowledgeable person and appears to truly believe in this project.

· GNH management appears genenuily excited about the project and thinks 2011 will be a good year for the company.

I honestly believe that it would be a mistake to sell at a losses now, especially if you purchased shares over .40 cents. The roller coaster ride was not what anyone of us expected, but I think both investors and GNH management have learned a lot over the past 8 months.

Wishing GNH the very best for 2011,

April