Ann: Drilling to Commence at Malcolm, page-11

Yes, we should get an announcement by the end of this quarter about the status of the planning prior to the next cap raise at about 6 cents for the same reasons as the last 2 cap raisings. The company is an expert at cut and paste.

They are probably also looking at doing deals to expand their land holding. They probably feel they don't have enough. At the end of the day its all about how big your land holding is apparently.

The Board are big on strategy.