high start up cost, page-6

Tenements are in the right area however given the recent rains in December I would hasten to guess that it may be some time before any further exploration on Mabbin Creek commences.

It is really all about Mabbin Creek over the next 1 to 2 years.

At $5 the market cap of this company would be $590 million. Currently it is capped at $134 million.

$5 within 12 months, I think you are absolutely dreaming. Just my opinion.

Cheers,
:)
Nic