Ann: Quarterly Activities and Cashflow Report, page-6

Dec quarterly reports $285k left in the kitty. They will have to raise additional capital shortly - in order to do some exploration (when ever the wet season finishes?..............). You have to remember that after the merger approx. a year ago that the register is roughly 50/50 - I suspect that half the register (the original shareholders) have little interest in supporting the new Mgt - and are continually putting stock into the market.