Ann: Quarterly Cashflow Report , page-6

Looks to me as though Deer Valley got out before they would appear in the top 20 list, by the reduction of some top 20 holdings into the market it appears that DV may still hold a substantial amount which will be cream for them because it also looks like the sp is being raised to allay the negative sentiment associated with placements at lowest sp. Also to get the vote through for more DV funding.

No indication yet that it is being accumulated by takeover intentions, unfortunate for the dreamers, or that it is being bought by anyone in Indonesia although that would take a substantial effort given need more than 10m to enter the list.

Given the static numbers of most of the top 20 (mostly bottom drawer holders now), increasing the number of shares being traded by placing with DV has certainly helped market volumes.

Short term investors are into this atm, a lot of them waiting at .001 though so not enough on board yet to make much difference as it crawls up. That will probably change though when the next placement is done, when enough buy orders at .002 are in place if no news comes in.

I would really like a report of where the 300,000+ spent on exploration and evaluation went.