Ann: Kalman Resource Upgrade Lifts CuEq Inventory to over 530KT, page-17

I have to admit that I expected a bit more (from the SP).

Nevertheless, it is going in the right direction from my point of view. I still think there is a mismatch between the status quo of Hammer and its market cap. I expect Dan to highlight this in his Resources Rising Stars Conference presentation. Who knows, we might see a run up then.

Actually the SP should have gone up 39% today - theoretically- or it just shows that Kalman is currently valued at more or nothing. Let's see if anyone can be brought on board (JV) in the next few weeks or months. Personally, I think Kalman will be developed sooner or later.

Otherwise, I will focus on what is still to come. I honestly don't expect anything from Hardway. At some point the money will run out - either there will be a CR or a sale of "something" or a "cooperation". I think the fact that Hammer has been running for so long - if I may say so - has made many investors tired. The energy for euphoric upward breakouts no longer seems to be there. Be that as it may, I see I have to continue to grit my teeth.