re: Ann: Mt Iron Tenement and Gold Processin... GZ - I think a...

re: Ann: Mt Iron Tenement and Gold Processin... GZ - I think a while ago you indicated that you would like to see Tectonic get gold production up early and I think said you could even find them a second hand processing plant. What do you think of this latest anouncement? A gold plant hidden 2Km from Kundip - very nice aquisition and very reasonable terms as well - time payment over 30 months so could pay for itself with cash flow and no debt as long as restoration and commisioning is a simple
low capital excercise.

I think I like it all. I hope it does not complicate and delay the current Phillips River Feasibility Study. You have always felt I think that early cash flow from gold production. Perhaps it will be treated as a seperate project initially and later incorporated into the Phillips River Project.

I have been quietly taking in all the last six months of activities and come to a major conclusion. The aquistion of all the additional area around Raventhrorpe Kundip and Trilogy tells me one thing. The smaller tenement holders like Pioneer, Traka and whoever held the Norsemen Gold/Metana land are showing their belief in the capabilites of Tectonic to get the job done. Only if Phillips River is a goer will these companies benefit from their actions and get a flow of royalty payments. So clearly people in the mining industry with an obvious knowlege of the Ravensthorpe area

It has always been about Tectonic reaching the "critical mass" in resource terms to have the economies of scale to be a long term mid-cap producer Investors should be (must be)feeling more comfortable with each and every aquisition.

The crazy thing once again it has not reflected in the share price. Small gains are just not sustained. The continued release of very pleasing announcements for well over the last 18 months (starting with the significant Kundip upgrades and then the Trilogy metallugical success and then the identification of exploration targets from geochemical sampling and then the tenement aquisitions..........

It feels to me like "Tectonic's Baloon" is continuing to inflate with positives and eventually will have to burst with a significant upward revaluation. I don't know what will be the "pin" that bursts the baloon? Something will shortly it just can't continue to be unloved!