Ann: Completion of 2 Diamond Drill Holes at Enigm, page-17

re: Ann: Completion of 2 Diamond Drill Holes ... It is pointless hoping that SRI will have a SFR hit. I love SFR's performance since that hole but the hole itself was a complete fluke. Good on that geo (forgotten her name -she is not there now) for unilaterally deciding to keep going even though she couldn't find a director to approve it. The rest is history but at that moment SFR was on the bones of its backside with dud management (remember the board room punch up?) Since then, SFR has been nothing short of stellar and exemplary.

I think SRI needs a management shake up. I keep hearing that this MD does not have the fire in the belly that exploration needs. You need to be careful with the money and spend it as wisely as possible but I don't believe that management are spending every MOMENT thinking and rethinking. This MD must be up for renewal soon and that is when things should improve dramatically.

All the same, there is no doubt that there is an economic copper resource there now, i.e. at current prices. SRI seem to be extending it bit by bit so that there is still an economic resource there even if prices drop. And we have all the infrastructure right next door now, even an air strip.

I think that when we have enough in ground evidence to finally make the JORC announcement, the management will get a good shake up, because others will join the register. That's what happened at SFR. And I think that will be this year.