Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Very significant, don't you agree?

Take it easy. There are still institutional "poor buggers" who bought above $1.00 and some who are good friends of Peter. He's well aware of what's going on with SP and the immediacy of where it needs to be. And, as we keep reminding him, the AGM lurks close by.

I'd be nervous to sell because everything is in motion:

1) This NR was the first step for a larger game plan.

2) Sudden scramble for meeting about Magpie, which to we who endure Smithisms, is really, really exciting.

3) Harvey looking at something in Beauce property.

4) Cliffs + Probe (doubled last week) = Cliffs and Fancamp.

5) The whole reason of getting Bay Street Connect is to make SP reflect Fancamp's sum of properties and not just McFaulds. So if they're doing their job, we'll get an influx of new investors causing a steady supply of unexpected SP jumps. As Peter said: Even though we have so many other properties, "McFaulds seems to be the tail the wags the dog" and continued saying people don't understand that exploration is a process. Peter said that Harvey said that he's sure we have it and its just a question of time. I asked him to get that kind of quote in the NR. He didn't.

This is what we've been waiting for.

-sg

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