Ann: Quarterly Activities and Cashflow Reports, page-5

I’m a little confused to the expenditure that has been put forward on the quarterly, over the last six months there has been no money spent on drilling or exploration, it has all just been wages and company costs, didn’t we do infill drilling, hell we even did a raise for it, plus the IP survey? None of which has been put down as quarterly expenses? We only had $500k in the bank and based on cash chew from management that would be $400k by now so when do we have to pay the bills for the infill drilling and IP survey? Something not adding up as I expect the latest raise will be needed just to cover these debts, maybe someone can clear this up as they are saying they have been doing one thing when the accounts show they have not or they have been kicking the payments down the road.