sitting tight, page-2

Annual Report - Company Strategy {page 20} "key objective is to move the Chile project rapidly towards development and production; to position it to become a secure long term supplier of copper." A statement of this nature indicates IMO that the geological work to date has more than enough convinced management that the indicated and inferred resource numbers to come will warrant further fund raising to move the Chile project into planning and production stage asap. Looking forward to further reports.