Ann: Corporate Update Letter to Shareholders, page-13

I agree. some impatient, frustrated selling. people waiting for resource upgrade & strong pfs hoping to make a turn are more than likely the seller today. I think todays announcement demonstrated the detail and experience Mike has and thus making the PFS to come a better product. I wish I knew the timing but we cant be that far away.....once these detail come, expect some marketing and positive thinking. Company has 2m cash, maybe some Hengda money & BMR to list in August. No placement required anytime soon. SYR doing a deal with Shen BTR, is huge. This signals the turn in China only domestic consumption. Today is teething problems of a small team missing a PFS delivery. This is changing, HXG are adding more skilled support and management. we have the right resource, logistics & metallurgy. be patient, it will come.