Ann: Trading Halt, page-6

I agree but I think we will need more oxide ozs than BOD-Lena can deliver before we will have any bargaining power or scale enough to become a real gold mining company. Toll treating is a dead end route, not a company maker. I'm not saying go and drill dd and RC all over the place and burn through money and become one of these companies that does nothing but endless exploration, I'm saying get a cheap air-core or even a RAB and go and test some potential around the place. We haven't heard much from BOD south/Leviticus since they poked a couple of RC holes in them a while ago (with results). The Purple Rain and Numbers prospects are on a parallel line to the BOD-Lena line to the east. No news from them since taking over the Cue Project. It doesn't cost much to rule all this area out. I'd rather they spent the money at Moyagee, under the lake and looking along the main Cuddingwarra shear than spending it on VMS. Problem is Rob has that WMC background and can't get that base metal exploration out of his blood. He should have learnt by now that when you are the captain of a minnow junior explorer chasing those type of dreams is the quickest way to steer your ship into an iceberg.

We need to build the gold resource inventory outside of the current resource envelop at BOD-Lena. I won't guess at the size of the resource upgrade but I'm not expecting big numbers. Esh