Ann: Venture Minerals Boardroom Radio Interview , page-18

re: Ann: Venture Minerals Boardroom Radio Int... Peteey,

Most of those drill rigs are doing infill drilling. Exciting stuff.

Exploration success at Mt Lindsay will not drive the sp. Everyone knows it is there.

Maybe some more drilling success at Stanley River, Reward, Contact Creek or on the new tenement may draw some interest back in. Unfortunately they aren't drilling there.Having said that, these 6 rigs have only found 2 'hits' over the last 7 months so not a great advertisement for the rigs so far.

Otherwise it is more of the same.

This is not an indictment on the company, it is what is happening to the sp and the markets.Sometimes there is no connection between the sp and the fundamentals of the company.But I see little to advance the price over the rest of the year.

We all know in 2 years VMS will be producing and what the sp will be then is anyone's guess.

P.S. I'm glad to have made it into your 'quote file'