Ann: Quarterly Activities Report , page-2

OK, so in english....... 1) No drilling this year. 2)Pulling the pin on those new acquired coal tenements. 3) Searching for something closer to china border (very broad could be donkey years before something acquired) 4) No mention of MD or the search for one.....dissapointing. 5) In a nut shell there is a reshuffling of tenements/future activities. 6) We are in a depressed market anyway so we midas well put them in the bottom draw for better days......GMM and the market may come together just nicely in the future. 7) At the end of the day we still have no idea about whats going on. 8) I have nothing else to say.