Ann: Challenger Mineral Resource estimate-WPG.AX, page-6

As i see it, the gold price has had a good rise, some gold shares are up well over 100% some as high as 1,400%, now any rise of that amount is going to have the people that have had the benefit of that size windfall say hey, i want to take some money off the table.

So i am expecting a settling of my gold shares for a while, now if, and i say IF the gold market pushes further that is where money and good money can be made.

If the gold market declines from here so be it.

Good luck.

Peter