research note extract, page-15

'Those results weren't too flash at all". Ian Falconer, a reportedly highly experienced mining research analyst (refer Friday's research note) disagrees with you.

I think it is way too early to be dismissing Mt Hardy.

I am going to wait for all these diamond drilling results to come in, listen carefully to the Company's analysis, and then form a view.

By the way, I was looking at their drilling programme this morning. I wonder if they have hit something serious at Brown's? You will note hole 15 is out of sequence. May mean nothing...I live in eternal hope!!