DayTrading September 30 Afternoon, page-103

Spawk, yes LTR looks good to but I sold LTR this morning to buy more KSN. LTR are completing a 1 cent rights offer and issuing 140 million shares shortly at 1 cent. It has risen 40% today and there market cap will be over $25m. They will have approx $1.5m cash. Compare that to KSN with market cap at $15m and holding $7m cash and having large exposure to Bynoe (someone said they hold more ground now then CXO) and they also hold ground at Mt Cattlin.