Getty Copper 6K Report for the Month of April, 2008

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_____________

REPORT OF FOREIGN ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the months of April and May, 2008

GETTY COPPER INC.

(Translation of registrant's name into English)

1000 Austin Avenue, Coquitlam, BC V3K 3P1

(Address of principal executive offices)

Attachments:

Annual Financial Statements for the Year Ended December 31, 2007

Management Discussion and Analysis for the Year Ended December 31, 2007

Ontario Securities Commission Participation Fee Form

CEO Certification

CFO Certification

News Release dated May 6, 2008

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F X Form 40-F __________

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes No X

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________________

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.


		GETTY COPPER INC.
		(Registrant)

Date:May 6, 2008		By: /s/*“Corby Anderson”*
		Name

		Its: President
		(Title)

GETTY COPPER INC

FINANCIAL STATEMENTS

FOR THE YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

Contact: 1000 Austin Avenue

Coquitlam, British Columbia

Canada V3K 3P1

Tel: 604-931-3231

D E V I S S E R G R A Y L L P

CHARTERED ACCOUNTANTS

401 - 905 West Pender Street
Vancouver, BC Canada V6C 1L6

Tel: (604) 687-5447
Fax: (604) 687-6737

AUDITORS’ REPORT

To the Shareholders of Getty Copper Inc.

We have audited the balance sheets of Getty Copper Inc. as at December 31, 2007 and 2006 and the statements of operations and deficit and cash flows for each of the years in the three year period ended December 31, 2007. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with generally accepted auditing standards in Canada and the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.

In our opinion, these financial statements present fairly, in all material respects, the financial position of the Company as at December 31, 2007 and 2006 and the results of its operations and cash flows for the years then ended in accordance with Canadian generally accepted accounting principles.

“De Visser Gray LLP”

CHARTERED ACCOUNTANTS

Vancouver, British Columbia
April 21, 2008

COMMENTS BY AUDITORS FOR U.S. READERS ON CANADA - U.S. REPORTING CONFLICT

In the United States, reporting standards for auditors require the addition of an explanatory paragraph (following the opinion paragraph) when the financial statements are affected by significant uncertainties and contingencies such as those referred to in note 1 to these financial statements. Although we conducted our audits in accordance with both Canadian and U.S. generally accepted auditing standards, our report to the shareholders dated April 21, 2008 is expressed in accordance with Canadian reporting standards which do not require a reference to such matters when the uncertainties are adequately disclosed in the financial statements.

“De Visser Gray”

CHARTERED ACCOUNTANTS

Vancouver, British Columbia
April 21, 2008

GETTY COPPER INC.
BALANCE SHEETS
(stated in Canadian dollars)

ASSETS		Dec. 31, 2007			Dec. 31, 2006
Current
Cash and cash equivalents	$	755,929		$	498,055
Accounts receivable		5,302			14,812
Prepaid expenses		2,651			28,771
		763,882			541,638
Mineral rights (note 5)		3,987,132			3,876,155
Property, building and equipment (note 6)		147,664			154,890
	$	4,898,678		$	4,572,683
LIABILITIES
Current
Accounts payable and accrued liabilities	$	701,443		$	778,335
Current portion of mortgage payable (note 7)		2,465			92,921
		703,908			871,256
Mortgage payable (note 7)		88,166
		792,074			871,256

SHAREHOLDERS’ EQUITY
Share capital (note 9)		19,924,370			18,014,384
Subscriptions received (note 9)		620,000
Contributed surplus		952,920			860,726
Deficit		(17,390,686	)		(15,173,683
Commitments and Contingencies (note 10)
		4,106,604			3,701,427
	$	4,898,678		$	4,572,683

Approved by the Directors
“Donald R. Willoughby”	,
“Corby Anderson”	,

GETTY COPPER INC.

STATEMENTS OF OPERATIONS AND DEFICIT

(stated in Canadian dollars)

Year Ending December 31,		2007			2006			2005

Revenue
Rent	$	2,264		$	3,957		$	748

Expenses
Amortization		1,826			2,245			3,291
Bank charges & interest		108			205			67
Filing fees		11,594			16,265			9,729
Interest - long term		6,786			336,949			7,099
Insurance		2,520			2,207			1,675
Management fees		30,000			30,000			30,000
Marketing & promotion		29,429			7,396			3,047
Office & miscellaneous		25,154			18,450			18,164
Professional fees		1,046,961			990,667			496,043
Property tax		5,442			4,734			4,448
Rent		9,190			6,000			6,000
Stock option compensation		95,457						5,691
Telephone		8,159			7,093			7,426
Transfer fees		8,535			5,561			6,930
Travel		16,448			21,714			12,891
Wages & benefits		35,477			34,485			29,969

Interest		(10,138	)		(13,104	)		(10,528	)

Loss on disposal of equipment								2,322

		1,322,948			1,140,867			634,264

Loss before other item and income taxes		(1,320,684	)		(1,136,910	)		(633,516	)

Legal settlements (note 10)		(896,319	)
Future income tax recovery								347,710
Net loss		(2,217,003	)		(1,136,910	)		(285,806	)

Deficit, beginning		(15,173,683	)		(14,036,773	)		(13,750,967	)

Deficit, ending		(17,390,686	)		(15,173,683	)		(14,036,773	)
Loss per share	$	(0.04	)	$	(0.03	)	$	(0.01	)
Weighted-average number of common shares
outstanding		62,285,360			43,407,424			33,592,205

See accompanying notes to Financial Statements.

GETTY COPPER INC.

STATEMENTS OF CASH FLOWS

(stated in Canadian dollars)

Year Ending December 31,		2007			2006			2005

Cash flows used in operating activities
Net loss for the year	$	(2,217,003	)	$	(1,136,910	)	$	(285,806	)
Add: Items not involving cash
Amortization – administration		1,826			2,245			3,291
Future income tax recovery								(347,710	)
Share for debt legal settlement		493,750
Stock option compensation		95,457						5,691
Loss on disposal of equipment								2,322

Net change in non-cash working
capital balances
Decrease (increase) in accounts receivable		9,510			19,989			(8,868	)
Decrease (increase) in prepaid expenses		26,120			(3,072	)		(13,001	)
Increase (decrease) in accounts payable		91,377			100,407			(108,907	)


		(1,498,963	)		(1,017,341	)		(752,988	)

Cash flows from financing activities
Mortgage principal repayments		(2,290	)		(2,127	)		(1,976	)
Private placements, net of issue costs		1,272,060			1,580,791			193,644
Cash received from subscriptions (note 9)		620,000
Warrants exercised		22,163
Stock incentive options exercised		118,750

		(572,030,683	)		1,578,664			191,668

Cash flows used in investing activities
Acquisition of equipment		(891	)		(1,493	)		(1,720	)
Exploration costs		(272,955	)		(217,849	)		(810,287	)
		(273,846	)		(219,342	)		(812,007	)

Net increase (decrease) in cash		257,874	)		341,981	)		(1,373,327	)

Cash and cash equivalents
Beginning of period		498,055			156,074			1,529,401

Cash and cash equivalents
End of period	$	755,929		$	498,055		$	156,074

Supplemental disclosure:

Cash used in operating activities includes:
Interest paid	$	6,786		$	6,949		$	7,099
Interest received	$	10,138		$	13,104		$	10,528

See accompanying notes to financial statements.

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

1.	Nature of Business

	Getty Copper Inc. is a public company incorporated under the Canada Business Corporations Act in September 1987. Subsequent to incorporation, the Company has gone through a number of name changes until in March 2003, when the name was changed to Getty Copper Inc. The Company is in the business of mineral exploration and mine development in the Highland Valley area of British Columbia.

2.	General information and continuing operations

	These financial statements have been prepared on the assumption that the Company will continue to realize its assets and meet its liabilities in the normal course of business as a ‘going concern’. The Company has incurred losses since inception, has no source of operating revenue and at December 31, 2007 has a working capital of $59,974. The statements contain no provisions for adjustments which may become necessary if the Company becomes unable to continue on a ‘going concern’ basis.

	The Company has not yet determined whether its mineral rights contain ore reserves that are economically recoverable. In addition, the Company is dependent upon external sources of financing in order to fund the exploration of its mineral rights. The recoverability of amounts shown for mineral rights and the ability of the Company to meet its obligations is dependent upon the discovery of economically recoverable reserves, the ability of the Company to obtain necessary financing to complete the exploration and development of the mineral rights and future profitable production or proceeds from the disposition thereof.

3.	Significant accounting policies

	These financial statements are prepared in accordance with accounting principles generally accepted in Canada applicable to a going-concern. The financial statements do not give effect to adjustments that would be necessary should the Company be required to realize its assets and liquidate its liabilities and commitments in other than the normal course of business.

	a)	Cash and cash equivalents

		Cash and cash equivalents consist of temporary investments in commercial paper and money market deposits that are highly liquid and readily convertible to known amounts of cash.

	b)	Mineral rights

		Costs of acquisition and exploration expenditures are allocated to specific groups of mineral rights as work is performed on or for the benefit of those rights and are capitalized until such time as the extent of mineralization has been determined and mineral rights are either developed, sold, or abandoned. If there is an indication of impairment the mineral rights are written-down to the estimated net recoverable amount. The Company does not accrue the estimated future cost of maintaining, in good standing, its mineral rights.

		Capitalized costs are amortized over the useful life of the rights upon commencement of commercial production, or written-off if the rights are sold or abandoned.

	c)	Administrative costs

		Administrative costs are expensed as incurred.

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

3.	Significant accounting policies -continued

	d)	Property, building and equipment

		Property, building and equipment are recorded at cost. Amortization is provided on the declining balance basis at the following annual rates:

Automotive equipment	30	%
Building	4	%
Computer equipment	45	%
Computer software	100	%
Office equipment	20	%
Portable buildings	30	%

	When the net carrying amount of the property, building or equipment exceeds estimated net recoverable amounts, the asset is written down to its estimated fair value and a change is recorded in the statement of operations.

e)	Stock option plan

	The Company records compensation expense when stock or stock options are issued to employees in accordance with any vesting terms.

f)	Future income taxes

	The Company follows the asset and liability method of accounting for income taxes. Under this method, current income taxes are recognized for the estimated income taxes payable for the current year. Future income tax assets and liabilities are recognized for temporary differences between tax and accounting bases of assets and liabilities and for unused tax losses. Future income tax assets are recorded in the financial statements if their realization is considered to be more likely than not.

g)	Exploration tax credits

	Exploration tax credits are recorded as a reduction in exploration costs as those costs are incurred.

h)	Flow-through financing

	Under the CanadianIncome Tax Acta company may issue securities referred to as flow-through shares, whereby the investor may claim the tax deductions arising from the qualifying expenditure of the proceeds by the company. When resource expenditures are renounced to the investors and the Company has reasonable assurance that the expenditures will be completed, future income tax liabilities are recognized (renounced expenditures multiplied by the effective corporate tax rate), thereby reducing share capital. Previously unrecognized tax assets may then offset or eliminate the liability recorded.

i)	Use of estimates

	The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

3.	Significant accounting policies - continued

	of revenues and expenses during the reporting period. Actual results could differ from those estimates. Specific areas involving management estimates include the variables used to derive stock-based compensation, the valuation of mineral rights and the determination of useful lives of property, building and equipment for purposes of calculating amortization.

j)	Loss per share

	Loss per share has been calculated using the weighted-average number of common shares outstanding during each fiscal year. Diluted loss per share has not been calculated as it is anti-dilutive when the numerator used in the calculation is a net loss. For purposes of the calculation of the weighted-average number of common shares outstanding, share consolidations are considered to have occurred on the first day of the earliest fiscal year presented.

k)	Financial instruments

	The Company's financial instruments consist of cash and cash equivalents, accounts payable, and accrued liabilities and mortgage payable. Unless otherwise noted, it is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments. The fair values of these financial instruments approximate their carrying values, unless otherwise noted.

4.	Adoption of new accounting policies:

Financial Instruments:

Effective January 1, 2007, the Company adopted the new Canadian Institute of Chartered Accountants (“CICA”) Handbook Section 3855, “Financial Instruments – Recognition and Measurement” and Section 1530 “Comprehensive Income”. These changes have been applied on a prospective basis with no restatement of prior period financial statements.

CICA Handbook Section 3855 Financial Instruments – Recognition and Measurement, requires all financial assets, financial liabilities and non-financial derivatives to be recognized on the balance sheet at the appropriate measurement based on specific categories. The new standard requires that all financial assets and liabilities be classified as either: held-to-maturity, held-for-trading, loans and receivables, available for sale or other financial liabilities.

The following is a summary of the Company’s classification of financial assets and liabilities:

	Cash	Held-for-trading
	Accounts receivable	Loans and receivables
	Accounts payable and accrued liabilities	Other liabilities
	Subscriptions received	Other liabilities
	Mortgage payable	Other liabilities

Financial assets classified as held-for-trading are measured at fair value with changes in those fair values recognized in net earnings. Loans, receivables and other liabilities are carried at amortized cost.

Section 3861, Financial Instruments: Disclosure and Presentation, identifies and details information to be disclosed in the financial statements.

The adoption of new accounting policies for financial instruments has not resulted in any significant changes to the Company’s financial statements.

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

5.	Mineral rights

The Getty mineral claims are contiguous and are located within the Kamloops Mining District of Highland Valley, British Columbia, covering an area of approximately 200 square kilometres. Building and equipment amortization included in exploration costs during the year ending December 31, 2007 amounted to $6,290 (2006 - $6,897).

As at December 31, 2007, the Company’s historical deferred costs and the current carrying aggregate amount are derived as follows:

		Getty		Getty		Getty		Getty South		Getty		Total
		Northwest		Central		North		50% interest		Southwest		Exploration &
												Development
Assay	$	35,746	$	1,143	$	507,075	$	66,159	$	13,971	$	624,094
Drilling		13,770		625		4,181,817		453,304		65,810		4,715,326
Environmental		173,676		1,282		54,290		4,059		21,149		254,456
Feasibility study		-		-		191,569		34,859		-		226,428
Geology		791,243		37,303		1,784,877		303,066		157,304		3,073,793
Metallurgy		525		-		972,074		14,514		-		987,113
Other		748,138		17,152		899,269		142,542		133,194		1,940,295
Total exploration &
development costs	$	1,763,098	$	57,505	$	8,590,971	$	1,018,503	$	391,428	$	11,821,505
Mineral rights
acquisition costs		33,210		111,846		352,397		1,069,134		113,883		1,680,470
	$	1,796,308	$	169,351	$	8,943,368	$	2,087,637	$	505,311	$	13,501,975
Less: Provision for impairment of deferred costs												(9,514,843	)
											$	3,987,132

As at December 31, 2006, the Company’s historical deferred costs and the current aggregate carrying amount are derived as follows:

		Getty		Getty		Getty		Getty South		Getty		Total
		Northwest		Central		North		50% interest		Southwest		Exploration &
												Development
Assay	$	35,746	$	1,143	$	506,806	$	66,109	$	13,971	$	623,775
Drilling		13,770		625		4,181,817		453,304		65,810		4,715,326
Environmental		173,676		1,282		54,290		4,059		21,149		254,456
Feasibility study		-		-		161,709		5,000		-		166,709
Geology		791,243		37,303		1,748,334		252,514		157,304		2,986,698
Metallurgy		525		-		1,047,577		11,412		-		1,059,514
Other		738,990		17,088		889,270		127,732		130,970		1,904,050
Total exploration &
development costs	$	1,753,950	$	57,441	$	8,589,803	$	920,130	$	389,204	$	11,710,528
Mineral rights
acquisition costs		33,210		111,846		352,397		1,069,134		113,883		1,680,470
	$	1,787,160	$	169,287	$	8,942,200	$	1,989,264	$	503,087	$	13,390,998
Less: Provision for impairment of deferred costs												(9,514,843	)
											$	3,876,155

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

5.	Mineral rights - continued

The Company originally entered into an agreement to acquire a 50% interest in the Getty Central, Getty South and Getty Southwest mineral rights from Robak Industries Ltd. (“Robak”), a private company controlled by the then Company’s president, under certain terms which were not met. On November 8, 2002 the Company and Robak terminated the original agreement and entered into an agreement for the Company to acquire a 100% interest in the Getty Central and Getty Southwest and a 50% interest in the Getty South mineral rights from Robak in exchange for 6,000,000 common shares of the Company at a deemed value of $1,200,000. The Company also agreed, at its sole discretion, to pay 100% of the costs to place the Getty South mineral rights into production, and granted a 1-1/2% net smelter royalty in favour of Robak.

In 2004, the Board of Directors considered acquiring the remaining 50% of Getty South from Robak. The board commissioned a valuation of the Robak interest from the same party that carried out the 2002 valuation. The valuator presented information about his 2002 report that caused the board to re-examine the 2002 transaction. An independent committee comprised of all directors, except the then Company’s president, has initiated a thorough review of the historical geological data for the Getty South Property. To date the board has received nothing that would suggest that the Getty South acquisition should be rescinded. Refer to note 10.

The Company is pursuing approaches to further develop its mineral rights. Although it is uncertain whether the Company will determine that it has economically recoverable reserves and whether it will be able to obtain the necessary financing to complete the exploration and development of the mineral rights, the Company believes that it may be able to economically develop the mineral rights. However, Canadian generally accepted accounting principles require that exploration costs related to mineral rights be written-down for impairment unless there is persuasive evidence that impairment has not occurred. Accordingly, at December 31, 2003 the Company had recorded provisions for impairment of exploration costs in the amount of $9,500,933 and of rights acquisition costs of $13,910. The Company has elected to resume deferring costs incurred from January 2004 until such time as it determines if it has economically recoverable reserves, or until exploration ceas es and the mineral rights are abandoned.

All Getty mineral claims are subject to a 1-1/2% net smelter return royalty in favour of Robak.

6.	Property, building and equipment

		December 31, 2007						December 31,2006
			Accumulated
		Cost	Amortization			Net		Net

Automotive equipment	$	29,318	$	28,778	$	540	$	771
Computer equipment		97,654		95,868		1,786		2,822
Computer software		74,359		74,359		-		-
Office equipment		54,407		47,498		6,909		7,974
Portable buildings		12,112		11,970		142		204
Building		178,124		62,159		115,965		120,797
Land		22,322		-	��	22,322		22,322
		468,296		320,632		147,664	$	154,890

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

7.	Mortgage payable

The mortgage payable is secured by a first mortgage on land and building and requires monthly payments of $756 including interest at 7.5% per annum, and is repayable on October 1, 2012.

Principal repayments required are as follows:

2008	$	2,465
2009		2,653
2010		2,855
2011		3,074
2012		79,584

8.	Income taxes

Significant components of the Company's future income tax assets are as follows:

		Dec. 31, 2007			Dec. 31, 2006
Tax value of mineral rights in excess of book value	$	712,613		$	853,000
Tax value of capital assets in excess of book value		99,864			117,000
Net operating loss carryforwards		1,523,581			1,097,000
		2,336,058			2,067,000
Valuation allowance		(2,336,058	)		(2,067,000	)
Net future income tax assets	$	-		$	-

The Company has determined that realization is not more likely than not and therefore a valuation allowance against all future income tax assets has been recorded.

A reconciliation between the Company's statutory and effective tax rates is as follows:

	Dec. 31, 2007		Dec. 31, 2006

Statutory rate	37	%	37	%
Tax rate change	(3	)	(3	)%
Unrecognized benefit of current year's losses	(34	)	(34	)%
Effective rate of tax recovery	-		-

At December 31, 2007, the Company has approximately $5,140,800 of loss carryforwards which may be available to reduce taxable income in future years. These losses expire as follows:

2008		188,000
2009		228,000
2010		289,000
2014		562,000
2025		621,000
2026		1,132,000
2027		2,120,800
	$	5,140,800

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

9.	Share capital.

a)	Authorized: Unlimited number of common shares

b)	Issued:	Shares		Amount


	Balance at December 31, 2005	34,078,657	$	16,433,593

	Shares issued for cash	15,000,000		1,600,001
	Share issue costs	-		(19,210	)
	Balance, December 31, 2006	49,078,657	$	18,014,384
	Shares issued for cash	13,000,000		1,300,000
	Shares for debt	4,937,500		493,750
	Warrants exercised	147,750		22,163
	Stock incentive options exercised	475,000		118,750
	Fair value of options exercised			3,262
	Shares issue costs	-		(27,939	)
	Balance, December 31, 2007	67,638,907	$	19,924,370

Subsequent to December 31, 2007, The Company closed a non-brokered private placement for 10,000,000 shares at $0.10 per share, for proceeds of $1,000,000. The TSX Venture Exchange accepted this private placement on January 10, 2008 and these shares were issued, subject to a four-month hold period expiring on May 11, 2008. After this financing, the number of common shares issued and outstanding is 77,638,907 (92,991,157 fully diluted). To December 31, 2007, the Company had received $620,000 in connection with this financing.

On May 7, 2007 the TSX Venture Exchange accepted the Company’s non-brokered private placement of 13,000,000 units for gross proceeds of $1,300,000. Each unit, priced at $0.10, is comprised of one common share and one-half of one purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of $0.15 for a period of 12 months.

On May 1, 2007, the Company issued 4,937,500 shares at a value of $0.10 per share to settle outstanding debt for $493,750. The subject debt, with a private holding company controlled by a director of the Company, arose when the Company agreed to acquire 175,000 common shares of Genco Resources Ltd., a Canadian public company, from the holding company to be applied as consideration for a negotiated settlement in litigation involving a former director. Refer also to notes 10 and 11.

On July 7, 2006, the Company issued 10,000,000 units at $0.11 for gross proceeds of $1,100,000. Each unit is comprised of one common share and one half of one share purchase warrant, with each whole warrant entitling the holder to purchase an additional common share of the Company for a period of 6 months (expiry date –extended to July 7, 2008 from January 7, 2007) at a price of $0.15. No finder’s fees or commissions were paid. Proceeds from the private placement were used to fund the Company’s exploration and development programs, to pay ongoing expenses and for general working capital.

On January 16, 2006, the Company issued 5,000,000 shares at $0.10 per share through a private placement, raising $500,000. Each unit is comprised of one common share of the Company and a one half of one share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share of the Company at a price of $0.15 during the period July 16, 2006 to January 16, 2008, (the expiry date of the warrants was extended from January 16, 2007 to January 16, 2008).

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

9.	Share capital – continued

Share purchase warrants - continuity

		Number of				Number of
Expiry Date	Exercise	Warrants	Issued	Exercised	Expired	Warrants
	Price	Dec. 31, 2006				December 31,
						2007
May 12, 2007	0.25	1,135,000			1,135,000	-
January 16, 2008	0.15	2,500,000		125,000		2,375,000
July 7, 2008	0.15	5,000,000		22,750		4,977,250
May 7, 2008	0.15	-	6,500,000			6,500,000
		8,635,000	6,500,000	147,750	1,135,000	13,852,250

Weighted average exercise price		0.17	0.15	0.15	0.25	0.15

Weighted average remaining life						0.35

Share purchase options – continuity
		Number of				Number of
Expiry Date	Exercise	Options	Issued	Exercised	Cancelled	Options
	Price	Dec 31, 2006				Dec. 31, 2007
April 14,2008*	0.25	3,150,000	1,700,000	475,000	500,0000	3,875,000

Weighted average exercise price		0.25	0.25	0.25	0.25	0.25
Weighted average remaining life						1.20
*expired unexercised subsequent to December 31, 2007

At the Company’s 2007 Annual General Meeting, the shareholders approved an amendment to the Incentive Stock Option Plan to allow the issuance to a maximum 6,700,000 stock incentive options. Subsequently the Company granted 1,700,000 options at $0.25 and 2,350,000 common shares remain reserved for issuance under the Company’s amended share option plan.

On August 9, 2007, the Company announced that 1,500,000 incentive stock options were granted to a director and an investor relations manager. Subsequently the 500,000 incentive stock options issued to the investor relations manager were cancelled. These options vest over the three years ended December 31, 2009. Based upon Black-Scholes option valuation model, a risk free market rate of 4.15% and a volatility of 98%, the estimated compensation cost related to the options granted is approximately $272,696 of which $95,457 was recognized during this period. The one million options remaining are exercisable at a price of $0.25 per share until July 20, 2010.

Option pricing models require the input of highly subjective assumptions, particularly as to the expected price volatility of the stock and expected life of the option. Changes in these assumptions can materially affect the fair value estimate and therefore it is management’s view that the existing models do not necessarily provide a single reliable measure of the fair value of the Company’s stock option grants and warrant issuances.

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

10.	Commitments and contingencies

		On August 17, 2007, the Company entered into a contract with Westcoast Environmental and Engineering for a pre-feasibility study on the Getty North and South deposits. The contract price is $100,000 and is being paid based on progress billings.

	The Company may be faced with significant legal fees in the future as a result of events related to the review of the 2002 Mineral Property Interest Sales Agreement and the various lawsuits to which it is a party, as described below:

		On April 25, 2006 the Company initiated a lawsuit in the Supreme Court of British Columbia against the law firm of Blake Cassels & Graydon LLP. The lawsuit claims inter alia, damages for breach of duty owed to the Company. The outcome of this claim is presently undeterminable and the financial statements reflect no provisions in respect to it.

		On July 7, 2006, the Company was named in a lawsuit initiated in the Supreme Court of BC by a number of plaintiffs alleging, inter alia, that the business or affairs of the Company is oppressive or unfairly prejudicial to or has unfairly disregarded the interests of the plaintiffs and those similarly situated. The Company has instructed counsel to vigorously defend the action.

		The Company initiated a lawsuit on November 10, 2005 in the Supreme Court of British Columbia against former directors Robert Gardner and Vittorio Preto for the recovery of $120,000 USD which the Company claims was inappropriately, without board approval, and contrary to the Company’s banking resolution removed from the Company’s bank account during 2004. The amount claimed was expensed as Development fees in the Company’s 2004 financial statements and no provision has been recorded for its future recovery.

		In the first quarter of 2005, former directors Robert Gardner and Vittorio Preto filed a Third Party action against the Company claiming an indemnity in respect of all costs, charges and expenses reasonably incurred by them in defence of a lawsuit brought November 24, 2004 against them by Robak. The Company filed a Defence to the claim and Counterclaim alleging that Gardner and Preto are not entitled to indemnification, asserting that these former directors did not act with a view to the best interests of the Company and otherwise did not discharge the fiduciary and other duties they owed to the Company as directors. The Company also filed an action against Ross Glanville and Ross Glanville & Associates claiming damages for negligence.

During 2007 all actions directly involving Mssrs. Gardner, Preto and Glanville were settled by the Company paying an aggregate of $440,000 in cash and issuing 4,937,500 common shares as more fully described at note 9. The aggregate expense currently recognized was net of $37,431 in amounts previously recorded as owing to these parties. At December 31, 2007 only the first two actions described above remain unresolved.

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

11.

Related party transactions

In addition to transactions described elsewhere in these financial statements, the Company had the following transactions and balances with officers and directors of the Company and companies or professional firms with which officers or directors are associated.

		Dec. 31, 2007		Dec. 31, 2006		Dec. 31, 2005

Accounts payable	$	60,861	$	31,348	$	28,702

Exploration and development costs incurred	$	12,885

Expenses:
Management fees	$	30,000	$	30,000	$	30,000
Professional fees	$	174,498	$	194,870	$	192,241
Rent	$	6,000	$	6,000	$	6,000

These transactions are in the normal course of operations and are measured at fair value as determined by management.

As further described in note 10, during 2007 the Company acquired common shares from a private company controlled by a director and subsequently distributed these shares in settlement of certain legal actions. As the acquisition of these shares was based upon and occurred concurrent with their disposal, the Company has recorded no gain or loss in respect to this disposition.

12.

Differences between Canadian and United States accounting principles

The financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) in Canada which differ from those principles that the Company would have followed had its financial statements been prepared in accordance with GAAP in the United States. The significant differences which have or could materially affect line items in the financial statements are in respect to:

a)	Mineral Rights

	Under Canadian GAAP costs of acquisition and exploration and development expenditures are permitted to be capitalized until such time as the extent of mineralization has been determined and mineral rights are either developed, sold or abandoned. If there is an indication of impairment the mineral rights are written-down to their estimated recoverable amounts. Under US GAAP all exploration and development costs incurred prior to the determination of economic feasibility are expensed currently.

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

12.	United States accounting principles – continued

	b)	Flow-through shares

		Under Canadian income tax legislation, the Company is permitted to issue shares whereby the Company agrees to incur qualifying expenditures (as defined under the Canadian Income Tax Act) and renounce the related income tax deductions to the investors. Under Canadian GAAP, which was codified in March, 2004, flow-through shares are accounted for as part of the issuance of capital stock at the price paid for the shares, net of any future income tax liability. Under US GAAP, SFAS 109, “Accounting for Income Taxes” (SFAS109), the proceeds should be allocated between the offering of the shares and the sale of tax benefits when the shares are offered. The allocation is made based on the difference between the quoted price of the shares and the amount the investor pays for the flow-through shares. A liability is recognized initially for the premium paid by the investors.

		For US GAAP purposes, the difference between the future income tax liability on renunciation and the premium is recorded as a future income tax expense. For US GAAP purposes the Company does not have temporary differences as a result of the policy to expense costs related to mineral properties, therefore all future income taxes related to renouncements for Canadian GAAP are reversed through the statements of operations for US GAAP purposes.

		The historical reconciling items disclosed herein are in respect to the reversal of the required Canadian GAAP treatment of flow-through share issuances and renunciations in previous years.

	c)	Escrowed Shares

		Historically, under US GAAP, compensation expense was recognized when common shares were released from escrow to the extent that their fair value exceeded their issuance price, and when their release was contingent upon the performance of the issuer and/or recipient. Under Canadian GAAP no transaction is recorded when the shares are released from escrow, however, TSX-Venture Exchange policy no longer allows shares to be released from escrow for any reason except the passage of time. Accordingly, no future US/Canadian GAAP differences are expected to occur in this area.

Statements of Operations and Deficit		Year Ended December 31,
		2007			2006			2005
Net loss under Canadian GAAP	$	(2,217,003	)	$	(1,136,910	)	$	(285,806	)
Effect of exploration costs		(110,977	)		(367,916	)		(847,805	)
Net loss under US GAAP		(2,327,980	)		(1,504,826	)		(1,133,611	)
Deficit, beginning of year under US GAAP		(22,814,770	)		(21,309,944	)		(20,176,333	)
Deficit, end of year under US GAAP	$	(25,142,750	)		(22,814,770	)		(21,309,944	)
Loss per share under US GAAP	$	(0.037	)	$	(0.035	)	$	(0.034	)

GETTY COPPER INC.

NOTES TO FINANCIAL STATEMENTS

YEAR ENDING DECEMBER 31, 2007

(stated in Canadian dollars)

12.

United States accounting principles - continued

Balance Sheets
		Canadian			US			US
December 31, 2007		GAAP			Adjustments			GAAP
Current assets	$	763,882		$	-		$	763,882
Mineral rights		3,987,132			(3,987,132	)		-
Property, building and equipment		147,664			-			147,664
		4,898,678			(3,987,132	)		911,546
Current liabilities	$	703,908			-			703,908
Other liabilities		88,166			-			88,166
Share capital		19,924,370			1,774,000			21,698,370
Share subscriptions		620,000			-			620,000
Contributed surplus		952,920			1,990,932			2,943,852
Deficit		(17,390,686	)		(7,752,064	)		(25,142,750	)
		4,898,678			(3,987,132	)		911,546

		Canadian			US			US
December 31, 2006		GAAP			Adjustments			GAAP
Current assets	$	541,638		$	-		$	541,638
Mineral rights		3,876,155			(3,876,155	)		-
Property, building and equipment		154,890			-			154,890
		4,572,683	)		(3,876,155	)		696,528
Current liabilities		778,335			-			778,335
Other liabilities		92,921						92,921
Share capital		18,014,384			1,774,000			19,788,384
Contributed surplus		860,726			1,990,932			2,851,658
Deficit		(15,173,683	)		(7,641,087	)		(22,814,770	)
	$	4,572,683		$	(3,876,155	)	$	696,528

Statements of Cash Flows
		2007			2006			2005
Canadian GAAP – Cash used in operating activities	$	(1,667,232	)	$	(1,017,341	)	$	(752,988	)
Exploration costs expensed under US GAAP		(104,687	)		(217,849	)		(810,287	)
US GAAP – Cash used in operating activities	$	(1,771,919	)	$	(1,235,190	)	$	(1,563,275	)
Canadian GAAP – Cash used in investing activities	$	(105,578	)	$	(219,342	)	$	(812,007	)
Exploration costs expensed under US GAAP		104,687			217,849			810,287
US GAAP – Cash used in investing activities		(891	)	$	(1,493	)	$	(1,720	)

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

The following discussion and analysis of the results of operations and financial position of the Company for the year ending December 31, 2007 should be read in conjunction with the December 31, 2007 financial statements and the related notes which have been prepared in accordance with or reconciled to Canadian Generally Accepted Accounting Principles. The effective date of this report is April 21, 2008.

Forward Looking Statements

Except for historical information, this Management Discussion and Analysis (“MD&A”) may contain forward-looking statements. These statements involve known risks, uncertainties and other factors that may cause the Company’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievement expressed or implied by these forward looking statements. The reader is cautioned not to place undue reliance on this forward-looking information.

Overall Performance

The Company is engaged in the acquisition and exploration of natural resource properties. Since 1993, the Company has been conducting exploration for copper on approximately 200 km², in Highland Valley, British Columbia. These properties adjoin the large porphyry copper mining and milling operation of Highland Valley Copper.

The Company primarily has been exploring the Getty North and Getty South deposits. The Getty North and Getty South deposits have copper mineral resource estimates that were received by the Company in August and June of 2007 respectively. In addition, the Getty North deposit has both copper and molybdenum mineral resource estimates that were received by the Company in February 2008. These 2007 and 2008 technical reports meet the requirements of the CIM classifications referenced in National Instrument 43-101.

The Getty South technical report discloses an Inferred Resource of 28.16 million tonnes, having a grade of 0.47% copper at a cut off grade of 0.20% copper.

The 2007 Getty North technical report discloses indicated and inferred copper resources of oxide and sulphide zones at cut off grades of 0.20% and 0.30% copper. At a cut off grade of 0.20% copper, the Indicated Resource calculated was 32.106 million tonnes at a grade of 0.454% copper, and an Inferred Resource of 8.250 million tonnes at a grade of 0.355% copper. At a cut off grade of 0.30% copper, the Indicated Resource calculated was 30.730 million tonnes at a grade of 0.462% copper, and the Inferred Resource calculated was 3.983 million tonnes at a grade of 0.452% copper. The 2008 Getty North technical report discloses the same indicated and inferred copper resources as the 2007 technical report. In addition to the copper resources, the 2008 Getty North technical report discloses indicated molybdenum resources based on a cut-off grade of 0.20% copper. At a cut off grade of 0.20% copper, the molybdenum Indicated Resource calculated was 32.106 million tonnes at a grade of 0.015% molybdenum. A 2008 technical report on the Getty South deposit is under preparation and will disclose inferred molybdenum resources.

On August 24 2007, the Company announced that it had commissioned West Coast Environmental and Engineering, of Nevada City, California, to immediately commence a preliminary-feasibility study focused on potential cathode copper production from the Getty North and Getty South oxide and sulphide resource zones. The new engineering study is intended to update the past work referred to above and includes possible development of both the copper and molybdenum oxide and sulphide resources. The sulphide resources of the

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

Getty North Deposit would potentially be open-pit mined in conjunction with the Getty South sulphide resources as well as both the Getty North and Getty South oxide resources.

The sulphide copper is proposed to be treated using conventional milling and flotation as is done worldwide to produce copper concentrates. Any copper concentrate that might be produced is proposed to be pressure leached on site with industrially proven, low temperature-pressure oxidation autoclaving followed by solvent extraction and electro-winning (SX/EW) to produce high quality cathode copper metal. Pressure oxidation of copper concentrates is a rapidly emerging industrially applied and environmentally sound technology. The proposed pressure oxidation facility at the Getty property would be based on this proven industrial technology. It would potentially offer the advantages of a large-scale application of the technical and financial advantages of low pressures and temperatures assuming that the planned study is positive. However, at this time there can be no assurance that the proposed preliminary-feasibility study will indicate that the quality of the present resources wil l be upgraded to the status of reserves, or that the planned processes will be able to produce cathode copper material as proposed. The above plans for producing copper concentrates and cathode copper may not be economically achievable even though the testing and planning to date indicate that the copper cathode could potentially be produced using the planned processes.

The Company’s other identified potential mineral zones, known as North Valley, Glossie, Getty West, “Northwest”, “Southwest”, and “Central” are all in the early stage of exploration and there is insufficient data to establish whether any resources may exist. The Company continues to seek additional properties worthy of exploration and development.

Ongoing reviews of previous geological, geophysical and geochemical programs are being conducted to determine future work programs. In 2005, the Company commissioned a metallurgical testing program of the potential Getty North and Getty South sulphide and oxide copper mineralized zones by SGS Lakefield Research Limited of Lakefield Ontario. In addition, Innovat Limited initiated a pilot-plant testing program of the Getty samples at the Lakefield facility of its proprietary Continuous Vat Leaching process. Phase 1 of the program was used to characterize copper oxide mineralization from the Getty North Deposit and to develop the best chemistry for leaching. Limited testing of sulphide samples was also conducted, but the overall focus was on oxide mineralization. Bottle roll tests established leach kinetics and reagent consumptions, followed by jig-column tests that simulate continuous vat leaching conditions.

Getty North mineralization averaged 0.84% copper (0.55% oxide copper, 65% of the total copper). Copper mineralization in both Phases 1 and 2 programs was crushed to minus 6.3 mm. Phase 1 tests gave 80% recovery at a pH of 1 with a residue of 0.16% copper in 72 hours, while treatment at pH 2 gave recoveries of 75% with a residue grading 0.18% copper, also over 72 hours. The higher pH value is more suitable for SX/EW recovery. Net acid consumptions were 9.6 and 6.7 kg/t respectively. The Phase 2 pilot plant run took place over 10.5 days, comprised of an initial 3-day batch test to bring solution tenor up to levels needed for SX/EW operation, followed by a 5 day continuous run of the vat and then 2.5 days operation of the SX/EW unit, using stored PLS solution. Live capacity of the vat was calculated at 14.7 tons by SGS Lakefield. A grab sample at 48 hours graded 0.18% copper, confirming that the pulsing vat was matching expectations developed in the jig-column tests.

Copper was recovered during the pilot plant campaign using a conventional SX/EW circuit. Recovery of copper to a concentrated solution was 98%. Current efficiency in electrowinning was 92.5% . Cathodes analyzed at 99.97% copper with the impurities being sulphur, silver, lead, and iron. It is anticipated that copper purity can be improved with some fine-tuning of the SX/EW circuit.

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

Following the leach campaign, some modifications were made to the drum discharger in an attempt to improve the flow-through using leach residue and fresh mineralization feed for testing on water (not leach solution). A 24-hour test was not successful in improving flow-through. It was identified during the test that the baffles between the vat leach section and the wash section, combined with poor fluidization in the wash section, was restricting flow to the discharge drum. Also, additional work needs to be conducted on coordinating the fluidization with the pickup points on the drum. Subsequently, Innovat has advised the Company that design changes it has developed should effectively meet the target throughput rates.

Achievements of the Phases 1 and 2 programs are summarized as follows:

Bench scale testing results can be achieved in a pilot plant operation
Continuous flow through of mineralization while leaching in a vat is validated
Bench and pilot scale leach results indicate that the recoveries can be replicated on Getty Northmineralization in the 75% range over 72 hours.
Acid consumption is relatively low, in the 7 to 17 kg/t range
Decanting of minus-6.3 mm ore results using a decanting drum provides a low moisture content,averaging 9.2 % moisture by weight
Paste consistency can be produced by the thickener; a 46% solids paste was produced on 80% minus-42 micron material
Cathode grading 99.97% copper can be made using conventional SX/EW

Running of the pilot plant at SGS Lakefield Research is a major achievement, representing the premiere of continuous vat leaching of copper.

The Company has a licence agreement with Innovat for the ongoing non-exclusive right to commercialize the Innovat proprietary technology.

The price of copper remained relatively steady in 2007 as a result of increasing worldwide consumption and decreasing world copper inventory. Recent widely read business journals predict that metal prices in 2008 should continue at current levels due to supply and demand dynamics but there can be no assurance that the current prices will be sustained over the timeframe that would be required to place any mineral deposit that may be located on the Property into commercial production. The Company continues its efforts to move the properties into the development stage to take advantage of the current strong demand for copper.

The Company became involved in a series of lawsuits arising out of its acquisition of its 50% interest in Getty South. Legal expenses resulted in higher general and administrative expenses during 2006. The 2007 fiscal year also faced significant legal expenses due to the outstanding litigation. One lawsuit, considered the most complex of the three, was resolved in the second quarter of 2007 and is reflected in the increased legal costs of the fiscal year.

Notwithstanding the distractions of the referred to litigation, the Company believes that the receipt of the three NI 43-101 compliant technical reports and the commissioning of the preliminary-feasibility engineering study has significantly moved the Company forward toward its stated corporate mission of placing the Getty North and South Deposits into production.

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

Result of Operations

Due to reduced commodity prices and a lack of working capital, nominal exploration work was carried out by the Company between 1998 and 2003. Consequently at the years ended December 31, 2001 to December 31, 2003 the financial statements were adjusted to reflect a provision for impairment of mineral properties.

Between January 1, 2006, and February 15, 2008 the Company has raised $3,900,001 by way of private placement financing.

On May 7, 2007, the Company completed a non-broker private placement for 13,000,000 units for gross proceeds of $1,300,000. Each unit, at a price of $0.10 was comprised of one common share of the Company and one-half share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one additional common share at an exercise price of $0.15 per share for a period of 12 months from closing of the private placement.

On May 1, 2007, the Company issued 4,937,500 shares of the Company to a private holding company controlled by director and control person, John Lepinski, at $0.10 per share in settlement of an outstanding debt of $493,750. This debt arose by the Company acquiring marketable securities from debt holder, which securities were utilized in resolution of a lawsuit involving the claim of former directors for indemnification and related matters.

During the year ending December 31, 2007, 147,750 whole warrants were exercised, raising proceeds of $22,163 for the issuance of 147,750 shares.

During the year ending December 31, 2007, 475,000 Incentive Stock Options were exercised, raising proceeds of $118,750 for the issuance of 475,000 shares.

On January 10, 2008, the Company completed a non-broker private placement for 10,000,000 shares at $0.10 for gross proceeds of $1,000,000.

The Company’s working capital increased to $59,974 for the year ending December 31, 2007 from ($329,618) at December 31, 2006, the increase of $389,592 is a result of a combination of funds paid out for expenses and alleviated through the issuance of stock, through private placement, exercising of warrants and Incentive Stock Options, during the year ending December 31, 2007.

The Company’s total assets increased during the year ending December 31, 2007 to $4,898,678 an increase of $325,995 from December 31, 2006, due to funds received at the end of December 2007 for private placement subscriptions, which were completed subsequent to the year end in January 2008. The Company’s liabilities decreased by $79,182. Exploration expenditures on the property are deferred, thus increasing the balance sheet value of the mineral rights. The Company has no significant source of working capital other than funds raised through private placement, exercising of warrants and Incentive Stock Options.

The loss from operations for the year ending December 31, 2007 increased by $1,080,093 over the loss reported at December 31, 2006. General and administrative expenditures for the year ending December 31, 2007 increased to $1,322,948 compared to $1,140,867 at December 31, 2006. The comparative increase of $182,081 in administrative expenses between year ending December 31, 2007 and 2006 can be attributed to an increase

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

in professional fees and $25,000 paid to an investor relations manager. The predominant administration expense being the legal costs associated with the lawsuits outlined under Additional Disclosure. The Company recognized $95,457 in stock option compensation. See note 8 of the financial statements. As reported under “Other Item” on the Statement of Operations and Deficit, The Company disbursed $896,319 related to legal fees and costs, to settle indemnification claims of two former directors and the valuator of the 2002 Valuation Report on the Getty South. The Company has no source of income other than interest earned on funds held in term deposits and rent received for a portion of the Logan Lake office.

Professional fees for the year ending December 31, 2007 $1,046,961 (2006 - $990,667) which include $1,011,218 (2006 - $963,044) for legal and court fees, $35,743 (2006 - $26,823) in accounting fees and $Nil (2006- $800) consulting fees.

Selected Quarterly Information for the year ending:

December 31, 2007			December 31, 2006		December 31, 2005
Loss for the quarter	($181,725	)	($343,977	)	($81,925	)
Loss for the year	($2,217,003	)	($1,136,910	)	($285,806	)
Loss per share:	($0.03	)	($0.02	)	($0.01	)
Assets	$4,898,678		$4,572,683		$3,887,352

Summary of Quarterly Results

		Dec. 31 2007		Sept. 30 2007		June 30 2007		March 31 2007		Dec. 31 2006		Sept. 30 2006		June 30 2006		March 31 2006

Revenue	$	2,264	$	2,264	$	2,264	$	1,698	$	3,957	$	2,259	$	561		$ Nil
Loss before Other items	$	1,320,684	$	1,138,959		969,131		351,412		1,136,910		792,933	$	574,979	$	171,919

Net loss	$	2,217,003	$	2,035,278		1,863,186		351,412		1,136,910		792,933	$	574,979	$	171,919
Loss per share	$	0.04	$	0.04	$	0.028	$	0.007	$	0.03	$	0.016	$	0.014	$	0.0044

Loss per
share diluted	$	0.03	$	0 03	$	0.022	$	0.0058	$	0.017	$	0.121	$	0.011	$	0.0034

*Total Commitments*		*less than a year*		*1-3 years*
Rent	$	6,000	$	6,000
Management Fees	$	30,000	$	30,000

During the year ending December 31, 2007, the Company spent $110,977 on deferred costs as follows:

		Getty		Getty		Getty			Getty South		Getty	Total
		Northwest		Central		North			50% interest		Southwest	Exploration &
												Development
Assay	$		$		$	270		$	50	$		$	320	)
Feasibility study						29,859			29,859				59,718	)
Geology						36,542			50,552				87,094	)
Metallurgy						(75,503	)		3,103				(72,400	))
Other		9,150		64		9,999			14,809		2,223		36,245	)
Total exploration &
development costs	$	9,150	$	64	$	1,167		$	98,373	$	2,223	$	110,977	)

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

During the year ending December 31, 2006, the Company spent $367,916 on deferred costs as follows:

		Getty		Getty		Getty			Getty South			Getty		Total
		Northwest		Central		North			50% interest			Southwest		Exploration &
														Development
Geology						(3,459	)		27,040				$	23,581
Metallurgy						353,912			11,412				$	365,324
Other		8,945		652		(20,199	)		(11,710	)		1,323		(20,989	)
Total exploration &
development costs	$	8,945	$	652	$	330,254		$	26,742		$	1,323	$	367,916

In 2006 and 2007, the credits in the deferred exploration analysis resulted from negotiations with creditors.

Liquidity of Capital Resources

The Company has no mineral producing properties at this time and receives no revenues from production. All of the Company’s properties are exploration projects, and there is no assurance that a commercially viable ore deposit exists in any such properties until further exploration work and a comprehensive evaluation based upon unit cost, grade, tonnage, recoveries, and other factors conclude economic feasibility.

As of December 31, 2007, 3,875,000 stock incentive options remain issued after 1,700,000 options were granted and 475,000 were exercised at $0.25 per share and 500,000 were cancelled. On June 25, 2007 at the Annual General Meeting, the shareholder approved an amendment to the Incentive Stock Option Plan to allow the issuance to a maximum 6,700,000 stock incentive options. 2,350,000 common shares remain reserved for issuance under the Company’s amended share option plan.

Financing Activities

On January 16, 2006, the Company completed a private placement of 5,000,000 units for gross proceeds of $500,000. Each unit, sold at a price of $0.10, consisted of one common share of the Company and one common share purchase half-warrant, entitling the holder to purchase an additional half common share of the Company. No finder’s fees or commissions were paid. Proceeds from the private placement were used to fund the Company’s exploration programs, to pay ongoing expenses and for general working capital. These warrants were extended to January 16, 2008 at a price of $0.15. As of the July 31, 2007, 125,000 warrants were exercised, leaving a balance of 2,375,000 whole warrants outstanding.

On July 7, 2006, the Company completed a private placement and issued 10,000,000 units at $0.11 for gross proceeds of $1,100,000. Each unit was comprised of one common share and one common share half-warrant, entitling the holder of each whole share purchase warrant to purchase an additional one common share of the

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

Company for a period of 6 months (expiry date was extended to July 7, 2008 from January 7, 2007) at a price of $0.15. No finder’s fees or commissions were paid. Proceeds from the private placement were used to fund the Company’s exploration and development programs, to pay ongoing expenses and for general working capital. As of July 31, 2007, 22,750 warrants were exercised, leaving a balance of 4,977,250 whole warrants.

On May 1, 2007, the TSX Venture Exchange accepted for filing the company’s proposal to issued 4,937,500 shares at a deemed value of 10 cents per share to settle outstanding debt for $493,750.

On May 7, 2007 the TSX Venture Exchange accepted the Company’s non-broker private placement of 13,000,000 units for gross proceeds of $1,300,000. Each unit, at a price of $0.10, was comprised of one common share and one half-share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one additional common share at an exercise price of $0.15 per share for a period of 12 months from closing of the private placement. Proceeds from the private placement will be used to fund the Company’s exploration programs, to pay ongoing expenses general working capital and for legal expenses related to litigation. All securities issued will be subject to a four-month hold period from the date of closing.

During the year ending December 31, 2007, 475,000 stock incentive options were exercised at $0.25 per share, generating proceeds of $118,750.

On January 10, 2008, the Company completed a private placement for 10,000,000 common shares at $0.10 per share, for gross proceeds of $1,000,000. Proceeds from the private placement will be used for continuing exploration on the Company’s mineral properties and for general working capital purposes. All securities issued will be subject to a four-month hold period from the date of closing.

The number of outstanding shares after the above transactions is 77,638,907.

As April 21, 2008, if all the share purchase warrants and issued incentive stock options were exercised the number of shares outstanding would be 90,316,157.

Outlook

The Company continues its efforts to further develop its mineral properties. Although it is uncertain whether the Company will determine that it has economically recoverable reserves and whether it will be able to obtain the necessary financing to complete the exploration and development of the mineral properties, the Company believes that it may be able to economically develop the mineral properties. However, Canadian generally accepted accounting principles require that development costs related to mineral properties be written down for impairment unless there is persuasive evidence that impairment has not occurred. During the year ending December 31, 2007, funding was available to continue the exploration of the mineral properties, so future exploration development costs will not be written off until such time as the Company determines if it has economical recoverable resources or until exploration and development ceases and/or the mineral claims are abandoned.

During the year ending December 31, 2007, the Company retained Paul Frigstad as manager of its investor relations program until November 30, 2007. The Company also appointed Corby Anderson PhD., CEng FIChemE, as President, and Robert H. Peterson as director to replace Jean Jacques Treyvaud.

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

The Company advises that the litigation that it is presently involved may impact on the levels of activity, performance or achievements of the Company for at least the balance of the current fiscal period. After receiving legal advice, management remains confident in the outcome of litigation process, however, the actual outcome of the litigation is presently undeterminable. The Company also appreciates that other potential indemnification claims may arise from ongoing litigation.

The Company’s management remains committed to the development of the Company’s Highland Valley mineral claims, subject to a positive feasibility study, production permitting and financing.

Related Party Transactions

During the year ending December 31, 2007, a professional accounting firm to which a director is associated billed the Company $14,080 (2006- $15,403) in accounting fees related to tax filings, quarterly report review and other professional accounting related matters, The Company reimbursed the professional accounting firm $55,418 (2006– $13,667) for the director’s legal fees, time and disbursements for representing the Company in examinations of discovery and other matters related to law suits. John Parks, Solicitor, Corporate Secretary and director of the Company billed the Company $105,000 (2006- $165,000) for legal fees, as general counsel. For the year ending December 31, 2007, the Company paid $6,000 office rent and $30,000 management fees to companies controlled by the Managing Director. The Company paid $12,885 to a Company held by a director for technical services.

During the year ending December 31, 2007, a director of the Company purchased 1,300,00 common shares of the Company as part of a non-broker private placement resulting in proceeds to the Company of $130,000.

Outstanding share data

As of April 21, 2008, there were 77,638,907 common shares outstanding.

Additional Disclosure

In 1996 the Company entered into an agreement to acquire a 50% interest in the Getty Central, Getty South and Getty Southwest mineral claims from Robak Industries Ltd. (beneficially owned by director John Lepinski) in exchange for $85,900 cash, a commitment to spend an aggregate of $6,950,000 on exploration and development of the claims by December 31, 2002, an agreement to complete a feasibility report on the Getty South mineral claims by December 31, 2002; and a 1-1/2% net smelter royalty in favour of Robak. The terms of the acquisition could not be met and effective November 8, 2002, the Company and Robak terminated the original agreement and entered into an agreement for the Company to acquire a 100% interest in the Getty Central and Getty Southwest and a 50% interest in the Getty South mineral claims from Robak in exchange for 6,000,000 post consolidation common shares of the Company at a deemed value of $1,200,000, an agreement by the Company to carry 100% of the costs to place the Getty South mineral claims into production, and a 1-1/2% net smelter royalty in favour of Robak. The cost incurred by the Company in bringing the property into production is to be repaid from 80% of the net production revenue. In 2004, the Company approached Robak with a view to acquire the other 50% of the Getty South claims. In the process of obtaining a valuation of the claims, an issue arouse as to the nature and interpretation of the carried interest clause referred to in the 2002 agreement. Robak has advised the Company that it agrees with the interpretation assumed by the Company and has agreed to a clarifying amendment to the 2002 agreement.

On January 10, 2005 former director, Robert Gardner, filed a Third Party action against the Company claiming indemnification from any costs and/or damages arising from a lawsuit brought November 24, 2004 against

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

Gardner, Vittorio Preto and others. Former director Preto filed a similar suit claiming indemnification on May 27, 2005. The Company filed a defence to the claims refuting Mssrs. Gardner and Preto’s claim for indemnification. Subsequently, the Company filed a Counter Claim against former directors Robert Gardner and Vittorio Preto as well as Ross Glanville and Ross Granville & Associates claiming damages for negligence and breach of fiduciary duties owed to the Company. This lawsuit was settled in the second quarter of 2007.

On April 25, 2006, the Company initiated a lawsuit in the Supreme Court of British Columbia against the law firm of Blake Cassels & Graydon LLP. The lawsuit claims inter alia, damages for breach of duty owed to the Company.

On July 7, 2006, the Company was named in a lawsuit initiated in the Supreme Court of BC by a number of plaintiffs including Robert Gardner and Gordon Blankstein. The action alleges, inter alia, that the business or affairs of the Company is oppressive or unfairly prejudicial to or has unfairly disregarded the interests of the plaintiffs and those similarly situated. The Company has instructed counsel to vigorously defend the action.

On July 19 2007, the Company announced the results of a NI 43-101 compliant technical report on the Getty South Deposit.

On July 24 2007 the Company announced the appointment of Dr. Corby Anderson PhD CEng FIChemE, as President and Chief Operating Officer of the Company and Paul Frigstad as manager of investor relations.

On August 22, 2007 the Company announced the appointment of Robert H. Peterson to the board of directors replacing Jean Jacques Treyvaud.

On August 23, 2007 the Company announced the results of a NI 43-101 compliant technical report of the Getty North Deposit.

On August 24, 2007 the Company announced it has commissioned a preliminary-feasibility engineering study from West Coast Environmental and Engineering on potential cathode copper production from the Getty North and Getty South oxide and sulphide copper resources.

On January 7, 2008 the Company announced that it received an updated resource calculation on the Getty North Deposit which reflects the current estimate of the molybdenum indicated resources contained in the oxide and sulphide portions of the Getty North Deposit. On February 19, 2008 the Company received a NI 43-101 Technical Report which disclosed the current estimate of the molybdenum Indicated Resources contained within the Getty North Deposit.

Summary and Outlook

The Company is a British Columbia company engaged in the business of mineral exploration in the Highland Valley of British Columbia. The Company does not have any properties that are in production or that contain a reserve.

GETTY COPPER INC.

MANAGEMENT DISCUSSION & ANALYSIS

DECEMBER 31, 2007

Notwithstanding the distraction of the referred to litigation, the Company’s main focus is to concentrate on the Getty North and Getty South deposits, both of which are the subject of NI 43-101 compliant technical reports. The future proposed development of these two deposits will depend on the results of the recently commissioned preliminary-feasibility study, the completion of which is expected before the end of 2008. Dependent upon the results of the preliminary-feasibility study, the Company expects to attempt to secure future equity and possibly debt financing to continue its corporate mission of moving its corporate resource assets into production.

FORM 13-502F1

CLASS 1 REPORTING ISSUERS – PARTICIPATION FEE

Reporting Issuer Name:	GETTY COPPER INC.

Fiscal year end date used	December 31, 2007
to calculate capitalization:

Market value of listed or quoted securities:

Total number of securities of a class or series outstanding as at the issuer’s
most recent fiscal year end		67,638,907	(i)

Simple average of the closing price of that class or series as of the last trading
day of each month of the fiscal year (See clauses 2.11(a)(ii)(A) and (B) of the
Rule)		0.15	(ii)

					10,145,836(A)
Market value of other securities:		(i) X (ii) =

(Repeat the above calculation for each class or series of securities of the
reporting issuer that was listed or quoted on a marketplace in Canada or the
United States of America at the end of the fiscal year)					(B)

Market value of other securities:
(See paragraph 2.11 (b) of the Rule)
(Provided details of how value was determined)					(C)

(Repeat for each class or series of securities)					(D)

Capitalization
(Add market value of all classes and series of securities)		(A) + (B) + (C) + (D) =		$	10,145,836

Participation Fee
(From Appendix A of the Rule, select the participation fee beside the
capitalization calculated above)				$	600.00

New reporting issuer’s reduced participation fee, if applicable
(See section 2.6 of the Rule)

Participation fee XNumber of entire months remaining in the
issuer’s fiscal year	=
12

Late Fee,if applicable
(As determined under section 2.5 of the Rule)

APPENDIX A

CERTIFICATION OF ANNUAL FILINGS VENTURE ISSUER BASIC CERTIFICATE

I, Corby Anderson, QP CEng FIChemE, Chief Executive Officer, for Getty Copper Inc., certify the following:

Review: I have reviewed the AIF, if any, annual financial statements and annual MD&A, including for greater certainty all documents and information that are incorporated by reference in the AIF (together the annual filings) ofGetty Copper Inc. (the issuer) for the financial year endedDecember 31, 2007.

No misrepresentations:Based on my knowledge, having exercised reasonable diligence, the annual filings do not contain any untrue statement of a material fact or omit to state a material fact required to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made, for the period covered by the annual filings.

Fair presentation: Based on my knowledge, having exercised reasonable diligence, the annual financial statements together with the other financial information included in the annual filings fairly present in all material respects the financial condition, results of operations and cash flows of the issuer, as of the date of and for the periods presented in the annual filings.

Date: April 29, 2008

“Corby Anderson”

Corby Anderson

Chief Executive

Officer

NOTE TO READER

In contrast to the certificate required under Multilateral Instrument 52-109Certification of Disclosure in Issuers’ Annual and Interim Filings(MI 52-109), this Venture Issuer Basic Certificate does not include representations relating to the establishment and maintenance of disclosure controls and procedures (DC&P) and internal control over financial reporting (ICFR), as defined in MI 52-109. In particular, the certifying officers filing this certificate are not making any representations relating to the establishment and maintenance of:

controls and other procedures designed to provide reasonable assurance that information required to be disclosed by the issuer in its annual filings, interim filings or other reports filed or submitted under securities legislation is recorded, processed, summarized and reported within the time periods specified in securities legislation; and

ii)

a process to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with the issuer’s GAAP.

The issuer’s certifying officers are responsible for ensuring that processes are in place to provide them with sufficient knowledge to support the representations they are making in this certificate.

Investors should be aware that inherent limitations on the ability of certifying officers of a venture issuer to design and implement on a cost effective basis DC&P and ICFR as defined in MI 52-109 may result in additional risks to the quality, reliability, transparency and timeliness of interim and annual filings and other reports provided under securities legislation.

APPENDIX A

CERTIFICATION OF ANNUAL FILINGS VENTURE ISSUER BASIC CERTIFICATE

I, Donald R Willoughby, CA, Chief Financial Officer, for Getty Copper Inc., certify the following:

Date: April 29, 2008

“Donald R Willoughby”

Donald R

Willoughby Chief Financial Officer

NOTE TO READER

ii)

a process to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with the issuer’s GAAP.

[nr08may6002.gif] GETTY COPPER INC.

Trading Symbol TSX:V GTC

May 6, 2008

NEWS ANNOUNCEMENT FOR IMMEDIATE RELEASE

GETTY COPPER INC. UPDATE

Getty Copper Inc. is pleased to announce an update on the Preliminary Feasibility Study engineering report being carried out by West Coast Engineering and Environmental under the direction of Mr. Craig Parkinson P.Geo, the Qualified Person responsible for this study. As the Getty North NI 43-101 compliant resource has been updated with molybdenum values, West Coast reports that the processing plan is proposed to be altered to effectively accommodate the molybdenum resource. To facilitate effective recovery of the molybdenum resource, the option of dump and heap leaching of oxide ores has now been replaced by a flotation tailings leach system. This methodology is anticipated to allow maximum potential utilization of the updated Getty resources and is analogous to other recent and successfully operating global hydrometallurgical production facilities. Further, given the current global crisis in molybde num roasting capacity, West Coast is now designing incremental added capacity in the hydrometallurgical pressure oxidation and metal recovery circuits for potential on-site custom processing of outside copper and molybdenum concentrates from other entities with available materials. In particular, the hydrometallurgical process plant now proposed for Getty by West Coast should allow treatment of much lower grade combined bulk copper and molybdenum concentrates which could be a significant advantage over current molybdenum concentrate production and roasting practices.

The company also announces that it has restructured its management team.

Mr. John Parks has resigned after respectfully requesting the board to find a replacement thereby allowing him to dedicate the necessary time to his personal business interests. The Company wholeheartedly thanks Mr. Parks for his years of dedicated service.

Certain statements in this document constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

ON BEHALF OF THE BOARD OF DIRECTORS

______________________________________
Dr. Corby G. Anderson, President and COO

For further information please contact:

Dr. Corby G. Anderson

GETTY COPPER INC.
1000 Austin Avenue
Coquitlam, BC, V3K 3P1
Phone: 604-649-3231 Fax: 604-931-2814

Getty Copper (GTCDF) Inactive 6-KReport for the Month of April, 2008