From the MD&A. I choose the cut and paste route as that way you get all the facts not just a cooked up interpretation summarized as "things picked out" The old glass is either half full or it's half empty. I guess that all comes through when you have all the facts and present them with some balance. Choosing to talk about what's owed and what's not quite yet owned 100%. is indeed an interesting view/slant. I liked what I read and see that there has been full compliance to date and we are on track for the future. 25 million bucks in the bank would say so too. My, did we miss a payment or something, did our track record suggest there should be concern that we may not meet a payment?

I am quite comfortable with our situation as it stands.

"During the fiscal year ended September 30, 2007, the Company acquired two more claim groups south of Timmins, Ontario, area. On June 13, 2007, the Company has entered into an option agreement to acquire certain rights and mineral claims located in the Porcupine Mining Division in the Province of Ontario (the “Cleaver Property”). This property consists of 13 mining claims containing 192 mining claim units and is located in the northeastern portion of Cleaver Township, the southeastern portion of Fallon Township, the southwestern portion of Fasken Township and the northwestern portion of

McNeil Township. The vendor has agreed to grant an exclusive option to the Company to acquire 100% interest of the mineral claims. The Company agreed to:

i) Pay the sum of $38,000 on the date of execution of the option agreement; (paid) $60,000 by December 13, 2007, (paid), $90,000 by June 13, 2008 (paid), $150,000 by June 13, 2009 and $300,000 by June 13, 2010; and

ii) Expend on exploration and development of the mineral claims the following amounts: $200,000 by December 13, 2007 (incurred), $300,000 by June 13, 2008 (incurred); $400,000 by June 13, 2009 and $500,000 by June 13, 2010;

In the event that the option is fully exercised, the Company will then own a 100% undivided interest in the mineral claims, free and clear of all liens and encumbrances, subject only to 3% NSR in favor of the vendor. The Company also has the option to purchase 2% of the 3% NSR for the sum of $2,000,000 expiring June 13, 2017."