mcphee creek, page-13

Hi promojoe, procetions of SP is like trying to pick the lotto numbers, in the end the strength of the announcements and the find will determine where the SP will go.

For what it is worth, looking at the market caps for several "nearology" players SFR $707m, THX $138m, RNI $79m and SRI $47m. We currently have a Market cap of about $10m I would think that with significant finds we could be somewhere between $30-$50m market cap and with 1,500,000,000 shares not including options the SP would be somewhere between 2c - 3c. Then allowing for the market over reacting in the short term we could even reach a Market Cap of $100m giving a range of 8c - 10c.

These figures are just my back of the envelope stuff and may never be achieved, it will be interesting come late September to mid October if we start to get some great drill results.