Ann: Phillips Find Approved, Mobilisation Underway, page-13

I was a holder at different times in the original companies of both GSR and HRZ. The high grade GSR gold is yet to be tapped and the high grade silver in HRZ is yet to be reactivated. Hopefully the bad management is behind us, but we should remain vigilant.

That being said, there is a lot of hype in the market internationally about silver. The domestic market seems to respond to the macro trends. So, I overlaid the **promotion blocked** silver 5 year chart with a basic TA channel application. It is below. Price may fluctuate a bit in the channel, but it gives me a rough target @US$45 while some pundits are saying US$60+. I prefer to be conservative. On that basis, there is still a lot of room to move and substantially add to the Nimbus value, imo. This is probability, not certainty.