Ann: Drilling Continues to Expand System at Slate Dam, page-34

I am finding the commentary pretty funny on this one at the moment, so many comments about bad grades, most don't seem to realize that location of grades is much more important, high grades are of little consequence unless you have location and very few have the excellent location and access to close infrastructure that Aruma has.

Most of whats at Slate is also rather shallow along with being close to essential infrastructure. The fact that we have open pits all around the nearby area which were mined at profit at very similar grades to Slate (Trojan being one) tells us a lot about what grades we require.

Quoting grades from other companies is a pointless exercise as they wont have the location Aruma has or geology. Look at the nearby mines for info if you must, Trojan would be a great start. Get educated people.

Our deposits are easy and cheap to mine, in fact they are so cheap we are currently in discussions with processing plants to re-open Trojan, I think this will happen eventually and I am guessing it will catch alot of people with pants down

Plenty of smart people buying down here, even with a capital raise I think any further drop will be short lived. Good news will come.