Ann: Owendale Project Update, page-53

Actually lets keep it simple Winfield. Its already hard enough for most to think beyond one item

Er, Scandium? Cobalt? .....which is it ....... hey bros its BOTH, that's Owendale. Probably the size of CLQ next door.

And er, Palladium? Gold? ....yep BOTH ... that's Skaergaard ..... ours ALONE.

I am happy after so long on the shelf since the 2013 SS completion and release when Pd was prob less than half today's AUD price, Skaergaard appears to have been brought off the shelf and quietly presented in recent announcements. There's a little extra in the SS if u care to delve ... a liklihood of a 4 g/t Gold target within the known boundaries. I'd like to see that.

But I have to agree .... all this is too much to be properly valued in one breath ....... so spin it out bros and put some big names on the Board for a TSX or like listing. Am sure RM would love to kick the rocks over there as MD, he is good at it. Am sure he could add to the current 40 mill ozs inventory letting him loose with the polar bears haha.

There's other goodies too at our Greenland leases but that would really be confusing the issue.

Oh yes almost forgot .... that Scandium primary production first module demo plant .... waiting to hear who will be supporting it. Hope its one of them Cornucopia types.

Time them clamps were released you would think. Retrace looks about technically done.

OWEP