Ann: High Grade Gold Results Returned From Grace, page-38

Thin volume.

This thin volume has driven down the SP throughout this drill campaign however.

When the drill touched dirt a few months ago
the SP was 5.5/5.6c.

Gold sentiment is poor right now.

Folks are cashing out their 100k shares to put it into a hotter sector. Trying to make quicker gains.

When De Grey were first drilling at HEMI, the SP drifted between 3c-4c.

Will we be the next De Grey? Probably not.

But you never know what is in the diamond cores.

If we get decent assays, we are on our way to proving up a JORC.

Look at the MC ($11M)!

Decent assays should see us at $25m/30m MC.

I have no doubt that mgmt have no intention of mining this. I do think that they want to sell it. Plenty of keen buyers in the area.

It all depends how patient you are. And.. How much belief and trust you have in the mgmt.