Ann: Melbourne Investor Seminar, page-31

Thanks for the clarification Joelstar. Rick Rule talks about Neumeyer and JC quite a bit. Price of silver & gold will lead project economics. At the end of all of it there is a large element of geopolitics underlying all these narratives. It's a punt I'm happy to take from a risk reward basis. It's been brewing since the early 1970's, but it's been on steroids for the last decade. Once you've got your fill of seniors and large single mine producers these sorts of stories become fairly compelling in the right slices of time in the market. I think we are coming into exactly such a time. Mike Oliver at MSA agrees. Fred Hickey agrees. Heck even Druk'n'Miller agrees. Gold north of $2,500 will change the game, and I'm happy to take a chance on the fact the USA can't stop spending any time soon.