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Message: my view on the nr

Well guys, this nr added about another 25K ounces of gold by my conservative estimates. The calculations that some analysts use would be more generous and possibly double. So, by my calculations, we have approx. 120k ounces estimated to date. This nr has defined more geology of the main trend, giving us a better idea on the dip of the resource and starting to identify the fault and fractures.

What I see by looking at the drill maps is other gold trends emerging, for example: look at the bottom of hole one, there has been no drilling there after. We have a large land position at California and are only focusing on a small portion yet. There is so much more to explore there, especially on the south side of the fault that crosses our property at the southern third.

The company gave us some holes in the heart of it and are now again doing step out holes, that if they hit, could identify more trends. I think we need a wild cat drill on the property to get interest back into the stock. Either that or good news from the coal or moly projects. Or hit the Vetas property.There is plenty of room here for upside and I still think that the possibility is there to prove up 5 mill ounces on this property. This may take years, but the possibility is still there. As someone else mentioned, the possibility for a takeover is still there and this could be a catalyst.

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