Ann: Appendix 5B and March 2013 Quarterly Report , page-28

re: Ann: Appendix 5B and March 2013 Quarterly... Duke

I just read your post and started wondering why you wrote that I had bought back my NMG shares.

Actually I did not, so I checked my post.

I wrote "I can now buy back my 260,000 NMG shares for $7,800, which happens to be around 5% of what they initially cost me." This was meant to be hypothetical, and not to refer to my actual position.

In that post my disclosure was that I held NMG shares. That was an error, and probably explains why I got so many TUs.

I apologise for that error and I hope nobody that bought shares in NMG has been influenced by what I wrote.

I hope your spec buy of NMG shares work out for you.

There is no reason for me to throw more money down the dunny on this share, not even another $1,000. But given my foolishness anything is possible. If the POG heads down to USD1000 this company is dead even if the gold is actually where it was claimed to be, and I am no longer confident of that.

My view is still that the villagers will somehow kill this project off for investors. However there may be some trading opportunities for the fleet of foot.

loki (a loss is a loss no matter how small the loss.)