Ann: Tenement Application Adjacent to Significant Drill Results, page-65

Totally agree Teach. Im not worried about the money and we are still waiting on the full core analysis. Our deal with lole is for $500k + $1.5M in shares which could end up being far more than $2M total once they list. We also need to go deeper in some areas. If you look at Hastings they went below 100 m is many holes compared to our shallow 58m ave. Im guessing they hit a certain level then stopped rather than punching through and going deeper. The other thing people need to realize is they are still determining the geological formation below the surface. Once this is modelled they can target the seems directly and follow the formation to detect the higher grades. At the moment they are just cutting through them to identify where they are. Hastings has had NINE years of exploration to determine their sweet spot. We are working off nearology and surface geology to try and identify the ours. Plus testing the probable Carbonatites. Even with these it will take considerable drilling to determine their worth as DRE have found. We have 11 of them to test also. The HyLogger scanning will hopefully help here. It would have been a massive bonus to hit some high grade off the bat which is what everyone hoped but that doesnt mean its not there. We also have decent %'s of NdPr:TREO across the lease. More than double the world average which basically doubles the TREO percentage. You will notice there wasnt a mass sell off after the last announcement. With a few more announcements we may start to see the rebound and an increase in LT SH.

all my own thoughts. DYOR

GD