Busy Quarter, page-4

Powder,

In AGM announcement, the way I read it, Directors want SHs to ratify issue of performance options to Directors with a .12c exercise price. Right now, I sure as hell would be happy if Directors were excercising options at that level.

I have no geo skills so I rely on a geo friend to decipher tech stuff. He reckons the last 56 gram announcement at Winston is fantastic news as it extends the high grade discovery. His opinion is, there is enough in the results to date to warrant a mine at Winston. Last 56 gr were at 16 metres depth. Give me a bucket and spade and an airline ticket and watch me dig down that far. How hard could it be?

I think there are more legs in this than the market is factoring in. Time will tell.

Interesting the 915000 sell order at .04c was taken out in one hit last night in the match up. Someone thinks it is good buying at these levels.

All my thoughts/observations - not advice. Do your own research.

Miki