concerned, page-5

Mac,

I don't know anything for sure. I called the company to ask what was happening with the scoping study and TSX listing and of course they couldn't speak in anything but generalities. I am pretty sure there is no problem in particular just the usual delays.

One thing I will say is that they have shown in the past to be a tight ship with information. They have had good drill results out and the preceding days did not show any indication that they were coming. I think we are too used to companies that rise a day or so before good news and we now expect that all companies will act this way.

Why has EXT been down for so long? That is a mystery I can never understand.

I have given myself another 6 months (at most). I want to see the TSX listing, the scoping study and the maiden resource statement for IDA (early 2008) and then if it still hasn't responded it may be time to part ways.