Good Evening from my hotel in Idaho. My observation and questioning of PQ, RS,RK and Lou, one of the directors. I spent about 1 minute with CQ.

1. PQ

A. On top of his game, strictly a businessman (financial) and very bright. Make him the right offer, he would sell. Also, PQ explained the building of the new smelter and assay lab along with a high security vault.

B. Expansion of the mill by adding another 40ft and to increase ore processing with upgrades.

C. Buyback starts when revenue begins

D. My gut feeling of PQ, he was straight up with the questions.

E. At the SHM, I asked PQ what happens after the dore bars are refined in the UAE. He said, we can sell them, hold till we want to sell, make coins, make bars.

We need a huge amount of dore bars before the refiner picks up the shipment from us.

F. We all did witness and took pictures of the pour into dorebars. I saw the dorebars firsthand. I have plenty of pics. A few with RS in them.

2. RS

A. What can you say....40 plus years experience. All the dump tailings are up to 6 grams per ton even the ones we have no access too. Confirmed by CQ. Need permission by BLM for building of roads to get to the further dumps.

B. 43 101 is the key. Anticipated filing in Jan.2012....43 101 are always evolving. RS always emphasized this is the game changer. Drilling should start within Sinker Tunnel in March when MSHA gives us go ahead. MSHA wants more safeguards put in place. Surface drilling starts in June. RS said this isn't rocket science. Claims were made within WEM if I remember correctly. This has an effect on royalty fees and above ground private property owners or BLM. Everything we find below ground is ours in new claims. GHDC doesn't get the royalty fee from new claims.

C. SFMI is far more important to have in your portfolio than GHDC. As you can tell with the volume. The filing of the 43 101 will be under SFMI enabling SFMI to get on the TSX and eventually Frankfurt Exchange with no problems. It's harder to manipulate the share price once we are on the TSX. ( I will be adding SFMI ). Potential buyers or investors will look primarily at SFMI, not GHDC.

D. 43 101 sparks interest and the dreamers come.

3. Lou

A. Expect more dilution....also verified 43 101 very big deal. Brought up Melba Mill and the disaster that cost us alot of money. We know this set us back a year.

My opinion from what I gathered, 43 101 is the money producer. It puts clarity on SFMI and WEM. It turns SFMI from speculation into a clear viable company. Banks listen, investors listen and the share price makes it adjustment.

I met a few of the posters here....good people. WE ALL HAVE A DREAM!!!