Jay..

I am still holding FOS and RAY..These market conditions are typical for summer doldrum trading paterns and I see them every year..I try to go into this time of year in a big cash position..

I have bought more VEI..VGN..RAY..FOS ..ZNN and a big chunk of KXL..30K shares at $2.70...($81,000.00)...

I went in a little early on KXL as you can see,but have no control of the market once it takes off so would rather pay too much and hold than not have any and watch it take off..So patience is the game and the summer which is August now..will soon be over..The traders will be back to work once school begins and the markets will pick up..

I believe that we are close to the bottom..My gut tells me that money can only stay out of the markets for so long..and once it takes off we can relax a little and pick our spot to take profits..

FOS continues to do it's thing and there should be a NR on details of the mine and new plant being build..an update if you like..

Like any stock..out of site ..out of mind and they tend to trail off lower..only to spike again on NR's..so it is a matter of knowing that cycle..and it is true for all stocks ..sodon't buy when all the excitement is happening..if you miss the bottom..wait for a while..the share price will come back down and pick your price at that point..I still get suckered on the excitement..not as much asI used to but I'm a buy and hold guty so know it is only time before I get my money back with interest..

If the insiders are still buying on the open market ,that is the best indicator you can get that FOS will be a winner..

Hang on and we'll do well.

PORTEE