Ann: Option to Acquire Dragon Mining's Stake , page-74

re: Ann: CHN: Option to Acquire Dragon Mining... Dott, I doubt you would sell even if the price went up because then you would be happy. Not having a go at you at all. I think that you're just frustrated like the rest of us. Otherwise my guess is you would have sold by now. Don't worry I think about it as well. As an investor you have to. You have to re-evaluate and go over the figures etc etc. Lets face it if you run the rule over one of your investments and figure out that it's no good, it's better to get out with some than none at all.

I can also see frustration in the fact that DRA's sp was only marginally lower this time last year. Money invested elsewhere could've netted greater returns. That said I know what's coming and it's almost end game. The true worth of this company will this year be realised provided the deals come off and the POG maintains. By deals we all know there are 3-4 in the wings: CHN, Weld Range, dual listing and JV for Hanhimna. To me it all spells re-rating. Then there's the possibility that the two deposits in Jokisivu are maybe one larger deposit and the brownfields development at Svartliden.

My point is this we all need to vent, bloody hell I tell my wife this and it goes straight over her head. So my vent is to be positive and talk about it on HC. Others do it differently. So Dott, I don't mind what you say on HC because it makes me check DRA again and make sure I'm doing the right thing. I've used others' opinions before and sold as I've gone over things and realised its time to go. Got out even and then its lost 50% afterwards. There has to be a balance. One can't blindly march forward.

Cheers