have we found a floor, page-4

Hi Major

I think it is just valued at what cash it has at the end of the Sept quarter statement.

I am not very technical but this is how it seems to me.

Shares issued 513.978.850

Cash reserve $129.900.00

Divide one into the other and you come an approx share value of 39.56 cents,which is approximately where it is now.

I am not sure if this is correct anybody else have any ideas along these lines? I may be way out and my maths may be incorrect. I do not belive this current price reflects it's true value at all, considering all the work that has been done on the project to date.

I have been a long time holder and and have been buying up at these prices as I have great faith long term.

This is how it seems to me R&R