Ann: Drilling Success Continues at Carr Boyd, page-99

I’m of the same opinion there will be a July bounce. Assay results will have a major play on price, however once again it is likely to be short lived. One thing I’d like to see from CD, is a Phase 4 program that ESR stick to and meant all deadlines, otherwise it will be more options and CR, possibly spelling the end of ESR.

If you do your research, Phase 3 has not met program, drill rigs regularly braking down onsite. ESR need to spread their wings find new proven ground (75km2 lease!!), not continually drill in the same spot, get away from drilling next to previous discoveries. They must prove new resources that have not previously been discovered.

For the record Carr Boyd was discovered in 1968 and between 1973 and 1977 the mine produced 210,000 tonnes at 1.44% Ni and 0.46% Cu. Titan acquired the project in 2001 and conducted an intensive drilling program in the area of the mine defining a measured and indicated resource of 815,700 tonnes of 1.11% Ni.

Time to step up the game CD and the Board of Directors otherwise you’ll be walking the plank.