You would think that if there were not many shares available to be bought that the price would increase due to the good old law of supply and demand. However, this is not happening. Maybe because of manipulation with trading houses buying and selling shares to themselves. I'm not an expert by any stretch but folks here insist it is happening and it all seems pretty illegal to me. The other fact of supply and demand affecting us is the dismal global ecomomic situation. Supply of ferrochrome has not stopped but demand at present must be down and hopefully only for the short term. This is certainly not a situation which would feed the fire in terms of share price. We have an indication of the potential size of the reserves from yesterdays filing and I boldly stated we will have a new mine. I will stick to my prediction because we are relatively close to markets, have available electricity and are in a politically stable and enabling country and are in a province that needs new industrial developement. There are no time constraints with regards to developement of the property, just the schedule NOT is putting on itself to agressively delineate the orebody and legally state its worth. I think that is the next step in shoring up our share price. In my opinion, the real driver will be the stated interest of major companies buying the assets. This will spark a new wave of speculation that will posture us for an offer that is reasonable. This will take time and hopefull enough time to let the markets recover and give us our maximum returns.

Mike