Ann: Operational Update, page-38

Not sure why, when you have NTL with $35m MKT CAP not producing a thing.
Ctl with $10.5m and let's say even $7m 1/4 in Gold sales at an ASIC of $1100 oz.
Either NTL is grossly overvalued or we are grossly undervalued, my money is on the later.
Dale Rodgers is a smart cookie and it was his brains that got the Air Leg miners in, he did a
similar thing at Phoenix with generating cash flow. I have put my money on his leadership.
If the quarterly isn't what we hope for then I will hold and average down. I am not sure if it will be too much different to the previous quarter, except that debt has been reduced.
They are pouring more money into equipment in order to increase the ozs and reduce the ASIC which will be great so long as the grade can be maintained and the $A is kept under control.
Just a few thoughts. IMO