Ann: Quarterly Activities Report , page-5

Dealing with bureaucracy is a slow process in the best of times so its not
alarming that there has been a delay. The good thing is that verbal permission
has been given to proceed with a few minor items to be attended to.

Seven months has now elapsed since the accident and, from what I can gather,
both mines will be alot safer than last year.

Way Linggo: Check appendix A in the Mar quarterly ann.
It says wall samplings have been taken on level 4 with high silver
contents are reported which means that the shaft is already down there .

Talang Santo: It had already produced ore before the accident so it is likely
that there will be a quick standing start as soon as written authority is recieved.
The CEO has said that even if written authority had been granted 2 weeks ago
that current prep. development ( in progress) would have to be done before full scale mining could commence.

IMO, Talang Santo and Way Linggo (hi grade silver ) should be underway within
weeks and the POG is trending upwards. With abit of luck, it will be at $1500
by the time we sell gold in June.

Cheers
Moorookamick