jorc compliant resource soon, page-5

EAGLE JORC WILL BE THE ONLY ANNOUNCEMENT THIS MONTH.

Here's the reason why:

The investor presentation from January stated that the JORC for (N-W) Taylor Ranch will be released in the first quarter of 2007.

I assume that the confirmatory drilling (required for the JORC) will take place in the coming months. I say this because their most recent announcement stated that a drilling contract is now in place and they are expected to commence drilling within a fortnight.

Correct me if I am wrong but this now means there will not be a N-W Taylor Ranch JORC released in the first quarter of 2007.

They didn't come out and say it direct but it is rather obvious is it not?

However, we should hear something this month about the Wyoming project - Eagle.

Might be time to sit quiet and be patient because I am confident we not will see anything on Koonenberry this month either.

I stand to be corrected.