another positive article, page-14

Like I said punters, Keep it REAL.. always.

Facts:

1). Placement coming (if they are to exercise option) and likely at a discount given current markets (Placement at this premium is unlikely guys, C'mon, lets all be real). The company will have approx $500k cash by end of Sept given previous Q release.

2). Uncertainty regarding status of option agreement. We all would like to see some confirmation on the current state of the option.

3). There has been plenty of consolidation in Mongolia already, and likely will continue - thats why we own CEO as Mongolia has become friendly in the eyes of the investment community. Therefore Priced in.

4). Risk/Reward here is tilted to the downside until such time as further detail given on placement/option etc. Why buy now in an "uncertain" environment? Wouldn't you wait till you know whats happening? (I can already hear Sunrise steaming from the ears!!).

5). Management could do better in keeping the market informed on progress.