Ann: Notice of Annual General Meeting, page-5

Consolidation at 20 to 1 is absolutely logical and common sense and effectively put the SP at 2 cents which looking a couple of months down the line set up the strategy of declaring some b/s drill results or amazing gold to tonnage ratio find to set up a cash raise to try and keep this clowns circus going. Unfortunately the best strategy would be to produce some gold from mining operations which Tracy has been unable to do for a long extended period.Their is nil investors confidence in Tracy Lake and the only way for him to get anywhere is to actually walk the walk and improve his performance.Sad situation for everyone stuck in this quagmire.