higher grades reached, page-14

Hi bear,

After being in the markets for more then a decade I have to say that you are a smart investor.

For all those who disregard your comments they should look twice and be on allert.

This type of hype is cheap, what we need to see is continues high grades for 1 or better even two quarters before we put more funds in this company.

The latest company who used the same tactics was VRE , still for all to see at the announcements on the ASX.

After the latest ASX announcement of high grades and above production forecast it took only a few weeks and they where in receivership.

Do not get me wrong I am not saying this will happen to TMR but you have to be able to trust the management.

I have learned my lessons during the tech years and with many gold and copper miners to watch the management carefully.

So far the team of HC has been very dissapointing to say the least.

And yes I am still a holder of TMR shares but have trimmed them substancially.

good luck guys and lets hope the next two quarters will keep bringing us the high grades and a cost reduction.

jojo