next few days, page-44

Chrysalis, you will note when TR answers the question re future funding he does not mention we are OK up to X month (which is the normal reply when funds are already in place) but goes on to sell the positives that "will be attractive to investors in our company going forward". In my opinion he is saying we will get the money from the market easy because Cascada has great potential right now.

I' m not too sure how far $3.36m will get us seen as we spent over $1.8m in Dec quarter (which included Promontorio drilling) and $1.25m in Mar quarter (where relatively not too much activity occurred) and from the $3.36m we have had extensive Cascada drilling, drilling at La Tortuga, and work on defining JORC mineral resource for Promontorio. I would imagine these activities have consumed a large portion of said funds.

As ever, we will read into what is said, and what is not, in our own ways. Though all us holders have the same goal...