Ann: Company Secretary Appointment/Resignation , page-4

re: Ann: Company Secretary Appointment/Resign... yeah your right, it does say he's resigning cause of other business commitments. Anyways with regards to our other projects the Ilo Norte is the only project that we have that is going well, Meriela hasn't even been drilled yet but does look promising.

I'm not sure on how to read the Ilo Norte drilling results so if you could give me your interpretation of them, it might put me more at ease hehe.

Also my main problem is that I hold a very small number of actual shares and have mainly put my money into the options given how cheap and leveraged they were/are and the upside potential if the JORC and scoping study goes well. The downside is because we only have $2-3 million in the bank a CR is coming soon and if JORC and scoping study is poor then we get diluted into obilvion and the options will never see the 30c they are needed to be in the money so to speak, also they expire march 2013. This is what you would call putting all your eggs in one basket.

But yeah lets cross our fingers and look forward to the JORC and scoping study, all action this month and the next :D would make for a great christmas and new years if I looked at my portfolio and the options were worth $1 each, I'd be right over at the BMW dealership hehe!