drilling commenced, page-12

interesting to see a few stales offering their stock at .16. I suspect when we see a big player clean out all they have at .16 and .165 we will shoot to .20 very quickly.

Problem with GTE over the journey is that it has never been re-rated and stayed re-rated. Gains have always been eeked away in short time because no follow up news is due or expectation of a raising or poor sentiment towards miners.

I can't help but think this time we could be in for a ride that doesn't stop until .50+ given the amount of news they will start to produce and the liklihood that some of our holes will havereally solid grades that go beyond the soviet drilling estimates.

Remember thought that this drilling is to define a resource that they already know is there, so it may need to surprise to the upside to excite the market.

I expect they will and that within weeks we will be at .20+ and never returning to these levels. market cap is tiny. cash on hand and holes being drilling right now.