Ann: OUTSTANDING TEST RESULTS , page-30

Thanks BD,

Once again you have shown the depth of your insights into the mining industry and I appreciate you sharing them with me.

If my recollection is correct it is the xenotime that contains the majority of the HREO.

I would think that the distribution of Xenontime would not be uniform across the alluvial fan so there is a possibility that the recovery rates of HREO could be fine tuned in two ways.

I think the story is getting better all the time but we need more news from the company.

Thanks once again for answering my question, it is appreciated.


Stoops