ann out: ti large extension, page-18

hi mutty,

I don't think it is a case of "Barely creating enough operational cashflow to fund current exploration and Coolgardie activities."

I think it is a case of matching dev. and exploration expenditure to the level of cash flow ---------

it's the other way around.

imo if fml get more cash in they will spend more - its as simple as that - that is exactly what we should be doing.

A little more going into the coffers is a good thing - but not too much.

TI expenditure is fine - if and I say if, we come up with an elephant - then I am sure expenditure will be rerouted to there if needed. However as many posters have pointed out - that will be a way into the future - let's let the future cash flows and pog worry about that.

We may even find that we might sell it off before ever putting a spade in the ground -- who knows?

We have just had a quarterly report that was better than it could have been, we have just got word that cre is in better shape and getting even better, we have just got a great update from TI and we believe we are having a great quarter this quarter ----------

gold has broken out of it's correction and is heading north - the planet is in the poo other than us having a strong dollar -

where is the bad news?

The whole market is on the nose and all goldies appear to be on the nose.

I still can't see a better gold show than fml and I certainly can't see one on the entire board with a potential gem like TI - unless we look at countries where people wear bones in their nose and carry very big guns.

have a great day

Pinto