Ann: Updated Presentation Materials, page-4

I do understand what you mean about the delays. I think alot of juniors sell their product on the basis of optimistic economic times, which we have not had recently. On the other hand, I find it hard not to be excited about this. This at the moment is probably the least risky penny stock I have ever seen. It has major backing, cash, a proven product, two very successful proven directors at the helm! The registry will grow rapidly, but I disagree, there are heaps of penny stocks with nearly 2 billion shares or more. How would you have the company achieve a nice amount of cash, capped price drilling, without giving away any shares, Varuka? I cannot wait till we start drilling, and hopefully our new director will have things moving along more rapidly. I'm anticipating a huge year for TNP, and I'll be buying more if I can at current levels.