Ann: Quarterly Activities and Cashflow Report, page-2

Well yet again MEU running on smell of an oily rag ,,, low wages and admin ..but also not much being spent on developing projects further ... 300k etc ... IMHO with $A Gold 3k+ if there was ever a time to pull second gear it must be now ... I know in talking with Dr Rose he doesn't like to have to pay up to fast track drill results or secure Drill rigs and would much rather save money and go slow(he doesn't want to waste S/H funds) ... but as a investor whats the incentive to BUY and HOLD shares NOW!!

.. better off sitting in pro-active companies(that have muti RIGs drilling and maybe SP driving results due within months) and keeping MEU on the watch-list at some point I want to be HOLDING a large position ... but that could be another year+ away depending on movements with Mgmt actions ... I'm not interested in REE .. I want GOLD production timelines meet..