SS -

I too have been here since the Chromite days...just saw Cliffs Natural Resources slip under US $8 bucks a share from a high of over $100. Thankfully we never sold the company to Cliffs for shares of their stock.

Its been a brutal environment for the resource sector for years now, and it may have more time to go as the bottoming process is often a long one when so much psychological damage has been done to retail investors. Not easy to get retail interested in commiting their capital in this macro environment, but the story is unfolding well and deserves to be told.

Dave needs to move the chess pieces carefully and think long and hard about each move. Cash is king for exploration companies and we have enough to sustain us for quite some time. I give Dave high marks for getting us cashed up.

The Land and the East Limb news has all of us anticipating what may be, and as Tom Petty said, The Waiting Is The Hardest Part. But I continue to have faith in Dave. He has sailed these dangerous waters better than most, and has kept us off the rocky shore. Yes, his boat is covered with too many Board Barnicles but my guess is he will need their relationships when the time comes.

The news flow has been lacking for sure, and others have voiced their opinions and frustrations. I get that. I want more good news now. But I also want to time everything properly to give us the best chance to make our next chess move. Dave will spill the beans when the time is right, and when he sees a way to trap their King. Sir Dave is one crafty Knight.

I look forward to sailing south with a vessel full of gold...until then, "Hands up, Don't Sell"

-Kingpin