dear mr huntley, page-21

Huntleys are Olympians like few others and prepared to stick their necks out fearing not the ridicule. Am sure they will be keenly seeking out answers and re-assessing fair value soon enough. We inc me just have to be more stringent from here as the easy money times are quickly fading. Its obvious I have to leave my Holy Grail call for 2009 instead of this year haha. It will keep.

Biggest mid term threat IMO is opportunistic takeover attempt, but that aint a bad thing cos it turns on the spotlights and we have plenty of blocking holds even if our US bros decide they need some cash in current subprime gloom.

Might not be the right time to break it up from such a low base (XJO status in mind) but no reason why we cant list on TSX as is, espesh if we are likley to increase resource base inc UUUU soon.

Meanwhile gotta first concentrate on the XJO a bit til mid November methinks.