ann: downgrade of resources, page-74

Hi VT,

To be honest mate, I believe the figure of 300/ounce costs was and is as imaginary as the resource numbers were.

I mean really, think about it.....at 300/ounce, EXM would be one of (say in the top 10 at least) lowest operating cost operations in the world today!!

Now ask yourself.....is there anyone on that board who has the knowledge, skills, background or ability to steward an operation such as the above.....even if those numbers where achievable??

Absolutely not....these guys a merely "mining the market" and have and never will turn anything more than a sod of dirt in their Dalkieth garden beds.

BTW.....just got an email from Bantrybay....and unbelievably he was still holding a few and sold out today. Needless to say......I can not post his sentiment on here or even summarise it without receiving permanent suspension!!!

Good fortunes to all.

K