Thank you Pete...for some excellent digging and info...stay with us and keep posting. The IP work that was done a few years back was shared between CGE and FMG and showed this potential anomoly ..trended onto FMG in fact I believe a major portion was on our property. So if they hit it will be interesting to see what happens..I think that Vale made overtones to FMG as well but JIm wanted to take us further on our own and do work on Diana etc that is a much richer surface find than anything on the Corex side. If Ernesto took downthat much in the CGE PP..then he would be high on our list to do something as well..at least I would think that would be the case. The good part is he is a long term holder...ie whatever he buys is not coming back on the market for a long time..maybe when we hit $3.00. It will be interesting to see what the Karen results come in at...I don't know how far the step outs are from the original holes but it is a risky business if we go out too far we could miss picking up the where the Gold is trending..anyways we will see ..my guess it will be a few more weeks.

BTW..our dilution factor is pretty good with about 5 million warrants expiring in dec there will be around 39-40 million shares out. I expect we will see a renewel of additional options for company officers pretty soon at a lower price. I am happy to see JIM and Co get rich on FMG along with the rest of us. Another side bar..the 3 top execs at CGE pay themsleves $150,000 a year each a pretty significant burn rate...Jim splits his compensation between UC and FMG...I believe the hit to FMG is less than $70,000...other salaries ie accounting is minimal...Nicole Wood who does an excellent job for us would charge us a minimal accounting fee compared with CGE