Ann: Phase 2 Drilling Program commences at Bottletree, page-155

I believe that things have not worked as hoped by the Board over the past year, especially as regards raising capital when required. Selling porphyry- created copper/gold/moly/silver tenements with potential ore, even over an extensive area of land, has been most difficult.

I also believe that the SP is now where it is because of the demands of the (only?) supporting capital raiser.

The CR at 3c with listed options enabled the drilling (diamond) of 7 holes at Cockie Creek and 3 new ones at Bottletree. My guess is that the CR at 1.2c with unlisted options was done so as to keep the pot simmering on the back burner until more capital could be raised in the meantime.

You know my thoughts on how that might happen, so i won't repeat them. Raising capital to seriously continue the exploration at Greenvale is what is needed. I hope that that way forward will soon be known.

It is difficult to have to wait and wonder while seeing the SP wander at this 1c level, but I am enduring it. Others should too if they believe in the company's prospects!

I generally endorse Watermelon's thoughts too.