Ann: Notice of General Meeting/Proxy Form , page-3

Only $2 million - gee that's a big 'improvement' as I thought they were going to spend $200,000 a mnonth.

Hey a big 20% drop - better dole out some more of those incentive shares for 'saving' the company money.

The allocation of funds is pretty much what I expected, but a liitle 'light' on Ash Creek.

It doesn't mention anything about the pipeline so I guess that will be as I indicated: a reduction in the value Elk gets for it, if anything.

And yet despite being diluted by issuing shares for 'administration' people still lap up the shares.............