Ann: Trading Halt, page-43

Hey Bunn, you cop a fair amount of flack but I agree with you, somewhat.

My prediction pre MRE was 21mt @ 1.2% CU. If we had hit the 30mt Dave had intimated that would have equated to a MC of about $80m but I for one wasnt buying that presumption and as it turned out 17.5mt @ 1.2%

The comment from Dave in last webinar (no need for raise) also gave me some chills. Heading into an expanded drill season with less than $4m relying on conversion of oppies was risky to say the least.

So, it is possible Imho that we could see assay results flow through regulatly from end June, if we kick off with RC drilling early May so certainly not out of the question (if we hit consistantly good results) the 20c oppies could be well in the market by end July to mid August.(If we hit good grade, last year was high 90% success rate, hits anyway....grades very varied) Having said that its a fine tightrope to walk and not a great business plan, would certainly be putting extra downward pressure on the SP if Dave had gone that route.

Finally, in defense of Dave, if he had forwarned a CR in last webinar the SP could easily be sub 10c right now. Imo best to have stayed quiet and timed the CR on release of MRE, even better....before MRE.