Ann: Multiple Gold Targets Identified at Barlee Project, page-79

Facts are, this company needs to relist at 7 cents for everyone's share value to stay the same. Perhaps that will happen but a capitol raise has to be immanent. Dilution, I would expect, will drive the new share price lower. In my opinion, if SM is to ever to make a name for himself - and a few bucks for the shareholders - now is the time.

I always liked SEG's gold prospects and maybe there's something in their lithium tenements too, but SM would have to convince me, plus a large amount of the market I think, that he's fair-dinkum about exploring. For the 3 years I've been either watching or invested in SEG, I've personally seen nothing happen except a slow draining of funds from SEG's coffers to pay SM's wages. In all that time there has been little on the announcement/PR side either. All this needs to change. If SM can organise decent capitol and announce a drilling campaign based around worthy targets then maybe, just maybe, this company might turn its fortunes around. If not, SM risks capitol raising himself to oblivion.

I'm also invested in SGQ, who I'm pretty sure are a younger company than SEG. For anyone interested in junior explorers, read SGQ's latest announcement. Now that's where SEG should be today, or at least in the vicinity, not existing to pay SM's kid's school fees - even though I love the idea of kids going to school.

If I don't see a heap of positive news coming out from the company soon, SEG will not even stay on my watch-list. If it does, who knows?

GLTA

Rhama