Once again the end of the year is upon us.It is a time when one turn's to reflect on it's most significant events. Investing in the emerging Rice Lake story has been a big part of my year. As with a lot of things in life serendipity had something to do with it. I heard John Embry talking about San on BNN one day. Before that I didn't even know Rice Lake existed. Then I one day I finally figured out what the Blackcat on stockhouse was referring to when he talked about the "other board" which he called "paradise". This in turn led me to Traps and the Res-investor who educated me in the ways of the geology and history of Rice Lake. Thank you boys and all the rest of you knowledgeable posters for all that.

As to what I didn't know until very recently is that the stock has already traded in the 80 cent range back in the beginning of 2007. This coincided with the 109 gram per ton intercept news release at that time.

So what I think I know is that we are in the coming year going to see as a resistance that price again. Furthermore, I think that if the gods are with us and the drilling goes well and the stockmarket doesn't collapse and the price of gold goes up we will all prosper in a really big way in the coming year of the tiger.

Yours Truly,

Warren Basset.