Ann: TOV: Minemakers Limited - Declaration and O, page-4

re: Ann: TOV: Minemakers Limited - Declarati... Hi dapper

Thanks, it will be interesting to see if UCL are able to maximise the potential opportunities I think I have identified in this declaration.

I actually got some more MAK today. I had an order sitting at 13 cents for quite a few weeks and it was hit. Initially I thought this was a good buy, probably still do but gee it was smashed this afternoon. There is still volume baling out of the stock and all of sudden I can see it trying to test 10 cents. It looks ugly.

All of a sudden I'm seriously thinking of retreating and trying again. At 18 cents I thought the downside was quite well protected but that has proven to be incorrect for now. What is the rock bottom basement - surely not cash backing?

For me it's still a long term buy sentiment for Sandpiper (and eventually Wonarah) but the near term sentiment is evaporating. So my sentiment remains unchanged below because I can't select long term buy short term sucks!