Ann: ENCOURAGING DIAMOND DRILLING RESULTS CONTINU, page-7

re: Ann: ENCOURAGING DIAMOND DRILLING RESULTS... The signs are definitely there chicklittle with the long grades.

We have ~$13m and spending $4m on E&E this quarter. The upcoming JORC is the key and they know it. Their spending big to make this right and they owe it to shareholders.

This is too much into the future, but I think a CR will occur if the JORC is good, as PIR will have ~$5m at the start of July 2012 if they stick to the same spend next quarter. Higher prices means less dilution with shares.

Disclosure should be hold. Don't know why I am saying none in previuos posts.