30.3 mt @ 1.70% cueq, page-124

Hi James,

In my honest opinion more damage was done by the ramping statements rather than so called manipulation and shorting and I let it be known that if the stock ever got to a certain price I would be out.

The broker concerned was obviously not at all swayed by W.Ms statements and missed time frames and his negativity was the reason my friends decided against the purchase.

Whilst I personally do not have any shares in Cudeco I remain very confident of its success. I do however hold a few thousand in trustee for various godchildren and it is hoped that in time they will benefit from their holdings.






Penny