Ann: Quarterly Activities and Cashflow Report , page-8

Must admit I am just over West Wits. Since listing they have promised but failed deliver and like I said in a previous post why would the situation now be any different. I had a long hard think about WWI during the night. They have now lost their only asset in South Africa as their is no guarantee they will get their tenements renewed. If Mintails (MLI) should for some unknown reason run into trouble WWI could loose its only funding of about 3 Million dollars over the next 10 months. In relation to Derewo they have now completed the airstrip and various roads down to the alluvial sites including an alluvial circuit ready to go. What a perfect time for the locals or the illegal miners to now cause trouble for WWI and WWI loose complete control of the site. These are risky times for WWI and I have basically given up on WWI ever going into production. I will not sell my shares, why should I as I am already down 85% so whats another 15%. I now consider my investment of around $100,000 initial investment in WWI as lost. I am fully expecting and preparing for the worst and no longer planning my investments or future around my WWI investment. They have made many promises they have not kept not to mention the long overdue rock chip samples results over 12 months ago now. I have supported WWI for over 5 years now but this latest holdup going into alluvial production is just too much. I have changed my sentiment to Hold if you can afford to loose the money but sell if you cannot. Just over the company. I must move on. I have decided to concentrate on a much more potential stock being MNM (Mantle Mining) which I am hoping will make up for the losses in WWI in the coming years.