Ann: LATIN REPORTS INITIAL 119 Mt JORC RESOURCE , page-7

re: Ann: LATIN REPORTS INITIAL 119 Mt JORC RE... Have a read of the JORC Onshow

It represents just 4% of the land at Guadalipito 4km x 1km , and is not the Gold component of the JORC . 68 holes i think out of a potential 1500 drill holes , and in close proximity to BHP and Anaconda projects , arguably better as they are closer to port and the Peru mills infrasrtucture .

I am a very happy holder and as you can see by the long list of sellers on LRSO and the head stock so is almost everybody else .

I am a holder for at least another 2 years as they look to drill drill and then produce and what the shares do tomorrow , or the next day is not a problem to me , personally I like that price target , but am in no hurry , as I want much more than that price in the long term .

Actually happy if they come down to 22c again so i can buy more now I have seen this small part of the JORC to give it added credibility , not that it really needed it in my opinion with one of their geos being a former snenoio BHP geo and australian geo of the year .

Just my opinion thanks for yours and as you know I get it wrong just as oftern as everybody else .