Ann: JORC Code Upgrade at Wilcherry Hill , page-18

As a one time huge supporter of this stock i can say I am very disappointed with there continual delay of key milestones. I realise these things take time but the approach from the company is very annoying and very bad for market sentiment.

All this company seems to do is move out the dates by a month or so and then in the next month they move it out again. If production is now not going to happen until say Dec 2011 then say that.

Back in march the feasibility ws going to be finished in 6 weeks. Since then every time there is update it seems like it is still another 6 weeks.

Production was 4Q 2010, then 1Q 2011 now 2011. Maybe this time next year it will be 2012.

While I think this is still a great project you cannot be anything but nervous as so far nothing that has been promised has been realised.

I sold out a while back but continue to follow the stock with a view to buying back in. However given that I have no idea how they will finance the 35M for the project I will wait on the sidelines until this is known.

At the rate things are drifting away I may be able to buy back in at sub 60 cents.