Quarterly & News, page-14

Very low volume, no news, need at least another day trading 0.9/1.0 on some volume and a break above 1 cent before we can confirm a base is in place. The qtrly due by tomorrow will highlight the cash position which won't be great.

The problem is there are still many guys with 5-10 milllion shares as a result of the HPX dump, and the belief that they were getting cheapies at the time. I do think alot of these guys have been cleaned out, and most will now hold through the next drilling campaign, but still plenty of wood to chop.

Hoping for some type of outlier news around the african tenaments..

GL