Ann: Aurora Tank Gold - Drilling update, page-4

The updates are coming through pretty regularly which is a good sign that perhaps things are moving at a greater pace than what's been experienced over the last few years.

One thing that is a bit disappointing is that there has been no update on staffing, last year a big deal was newsmaking that we were sourcing new geologists to join the team however we are still in the dark as to whether that happened.
For MEU to grow and progress an increase in staffing is essential otherwise we will just meander along indefinitely with a couple of drill programs per year with hardly any movement in the SP as a result of further cap raising and dilution.

It's a tough market at the moment with a changing world of political instability, Russia and China seem to be heading for dictatorship leaving behind any hopes of democracy. The rest of the world will start having to become more self-sufficient rather than rely on cheap energy and China's production of cheap consumables.

MEU's large tenement holding of a variety of resources should stand us in good stead but we need to get moving soon either going into production at Aurora Tank or proving up those Uranium or Rare Earth deposits..preferably both.

On another note, it's not a bad time for a couple of weeks of stand down at AT as the weather gods are throwing more rain there at the moment so hopefully it will dry out for the resumption of drilling.