tmr, page-9

Hi Eastrule,

I learned the hard way by hanging on when management told us all was fine and increased grades where being mined as we speak.

That was with VRE not TMR but nevertheless once burned , you know the story.

My money from TMR went direct into MPO this morning and ended up 14.5% up for the day.

I believe that MPO will bring back my losses in TMR within the next 6 months and therefor I made this move.

As I said before the latest drilling results where not spectacular at all imho and that added to my decision today to take the majority of my TMR holdings of the table.

I do believe the management is good but they also need a resource that can bring the rewards.

Good luck and I hope they will still turn the corner.

Some good drilling results in Armenia could do a lot of good for the share price.

jojo