Ann: Results of Annual General Meeting, page-2

Hi SUMters.
8 people at the meeting -
5 heavies
2 shareholders
1 auditor.
The heavies seemed decent. And technically strong.
I asked questions on what I gather from you is of most concern to us:
Q1. Why has the sp of a producing gold mine gone sub 0.010?
A1. We've had no end of teething problems;
This is not unusual following start up;
Holders got impatient and dumped;
None of us have enjoyed losing, either.
Q2. What are you doing about it?
A2. We've addressed a waste problem that messed with our production plan;
The open pit has been cleaned up and we're sending good grades to the plant;
Underground is on track to sending good grades to the plant, within this quarter (?. I think. Don't
quote me on that one!).
Q3. What's with the negative all in cost?
A3. That was so for December. It was better for the last quarter, but after the mud problem, it's gonna
be crap for the period.
HOWEVER - the alligators have been beaten back, we're at a sort of positive ground zero from now on
and, all things being equal, we should start making money.

Basically (imo) we're at a critical time when our venture should be starting to become profitable.
I think the overall message is to cop it sweet for now, hang in there, and in time we'll be on top.