Ann: Quarterly Activities and Cashflow Report, page-133

to all our dear friends and followers of SGQ, I very much agree with Meteor's explanation. As always concise and to the point, well said! So, with his permission Meteor, I chose your post, to post my missive.

As this is exploration, the next ten holes could be duds, so what does one do in such a case, do we walk away and ignore the plethora of exceptional results that have been flowing in every ASX report that has been released from all the campaigns we had over the last 3 years? I doubt any one would be insane enough to do that. to regain focus I think one should read the past releases several times to appreciate the value and potential in all the prospects we have are representing, they are truly remarkable. Argonaut gave them an estimated nickel potential of 75,000 tonnes from the top 100m depth; that was over 12 months ago. We have had many more encouraging results since then. Currently the company is refining this Argonaut figure to incorporate in an official resource. I think we ought to let the group continue to do what they are doing to tidy all the loose ends and release a positive figure to the market.

So, I say let us concentrate on the technical potential at this stage of the game and over the next six months and leave CR's to management. Remembering that JOHN PRINEAS and his principal team are essentially commercial people and bankers who really have not let us down. In reality, there are many many companies in very inferior financial shapes than SGQ, with far more paper in the market than us.

Watch SGQ over the next 6 months. At least this is what I will be doing with optimism and positive thinking.

All the very best to all in SGQ.

Helmenesh.