1.20 , page-6

It will go higher

Re your points HT. Good thoughts as usual

a) Strategy announcment. AGREE TOTALLY END OF OCTOBER
b) Reserve upgrade at P Hill or new resource discovery near P Hill. AGREE AGAIN BUT LATER THIS YEAR
c) Production throughput upgrade announcement at P Hill. LOOKING FORWARD TO IT IN THE NEXT QUARTERLY REPORT
d) Laos Gold mine reserve or mine building announcement. WONT HAPPEN FOR A WHILE> TO MUCH DRILLING TO DO YET.
e) takeover. DONT THINK THIS WILL HAPPEN. WOULD HAVE TO OFFER $!>%) PER SHARE> TOO MUCH I THINK
f) buying another company dirt cheap. HIGHLLY PROBABLE BUT HAD BETTER BE BETTER BUY THAN PAST
g) Copper breaks $3 and keeps heading north. HAVE MY DOUBTS THIS WILL HAPPEN TOO SOON.

Not meant to be shouting. Sorry for the caps.

I would add

h) The chairman leaves

Regards



Until then, it is likely to bounce around $1.20