To be honest, I did not see anything really new or that had not been commented on already. I was disappointed with their drilling problems at depth but not surprised-these are very challenging holes. We are in a period of accumulation and that is what I am concentrating on, buying more shares at the best price possible-lately, that has been when ever we dip under $1.10.

I have talked to 2 other CEO's in the last few weeks who expressed that they have no intentions of putting great news while the big boys are on holidays. With that in mind, I am just sitting back and waiting for opportunities...and trying to enjoy our very short summer.

Glorieux