Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-37

I've just attended another Resource Rising Stars conference for three full days, this time in Sydney, it is what I do as an investor.

Hundreds of junior explorers and new producers present at these conferences.

Lots of investor funds ready to plough in to this or that story, it is a bit sad to see - as most of these small cap mining companies will go broke, but there are plenty of suckers willing to prop them up for a while A small few will survive, and maybe one will thrive.

Interestingly Treks results are worse than even the worst of these hundred small caps presenting. They all have found something. However small they have something.

We have nothing.

Not only do we have nothing but we have management that says we have great potential... the best most prospective ground ever seen ... .. and the easily swayed believers come on board. Remember we have the best ground ever. We drill our best prospects, in the best ground.... the best of the best, with great excitement.....

We find nothing.

This is going to be a penny stock at some stage, pretty soon.

GLTH