Like everyone else, I am disappointed that we didn't hit the jackpot on the first attempt. But don't forget, the science doesn't lie and we have good science.

It could be that the bulk was taken in the wrong place, in the wrong sill layer or maybe we missed by only a few metres; who knows. Maybe it was a mistake not to do more extensive core sampling before deciding on a bulk sample location. That was a gamble. But it only means that we missed on this try. There are still a couple of drills turning and the likihood of more kim. The science says so and I believe the science.

I've been in this project for over four years, I'm not selling because of one poor set of results. I believe we still have the goods.

If you believe John Kaiser's development model for a diamond mine then, in my opinion, at this stage of development we still have a 1 in 3 chance of becoming a mine. It's still early.

Long on SNO!

BGT