we have done our dough folks, page-29

guys.

I nearly bought SRK at $2.00 instead bought CUR for $3.00 had a simliar result to you guys. In that case the directors signed three agreements for purchases and held off funding the purchases, hoping for a better placement price. Now down from $6 to $1. They have lost 1st deal "vendor wanted to buy it back' maybe they could not settle. They have no funds to settle on 2nd and third deal unless they do a hefty placement.

My point is that SRK is not in this class. They have cash at bank, heamatite deposits and some coal. And their haematite deposit is very very large and good quality.

At the end of the day the good deposits eventualy get developed. Especially as big as SRk's deposits.

IF they were magnatite I would sugest you had no chance of seeing their development. You would be better pooling your last dollar on razor baldes.


No one is going to let a large low cost iorn deposit like this remain undeveloped forever hang in their.

Goodnight and good luck guys.