Down despite POG, page-6

Chuck,

My understanding from the last report is that they have done precious little drilling on the the 2.5klm anomaly at Winston Churchill and that recent high grade visible gold snippets are on the eastern edge off the EM. So they now have that target -the undrilled WC target - the inferred shear strike of the very high grade Raleigh Trend, much , much more to come at Frogs Legs, Frogs legs North trend, Homestake to the sth and almost 11klm of highly favourable undrilled strike where you almost always invariably get high grade. Frogs Legs is only the tip of the ice berg and years of drilling to do at Mungari yet -my guess quite a few million ozs.