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Message: Re: Rio Tinto wins fight against Ivanhoe poison pill

To me, the news was expected. Where we increased the amount of drills on the property, it is possible we would need 4 geo,s on the property. If the 2 drills run 24/7, a geo has to be present the whole time, in most cases. This would require 2 geo,s for each drill, if they do 12 hr shifts.

As far as the drilling goes, the first 10,000m was supposedly to test the first priority targets identified by the Titan 24. IF considerable alteration/mineralization was found, it was recommended to step back a bit from that hole, and drill another. If this happened, it could mean that we had to drill many more holes than planned on the initial drill program. If this is the case, it is a good thing, because it means they found something worthy of drilling another close hole. If we had to drill several of these type of step back holes, it would only be logical to increase the drill program so that we get the chance to drill the other identified targets as well in our first pass.

IMO, it was a good news release, but I don,t think many knows what it may imply. The low volume and little selling is most likely just somebody that has to sell a few shares. Where we are waiting for assays, I don,t think many are selling purposely.

IMO

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