if a leak then where, page-16

re: nonsense reporting ppm or cps Hi Sydneysider,

Personally I think you are reading too much into the announcement. It said 'those samples that exceeded 50ppm have been sent to Alice Springs for assay'. I don't take that as that they know the exact ppm, only that they can make an educated guess on those that would have been well and truly above 50ppm.

As for 75% interest, GSE have the right to 75% upon the spend of $140K in exploration expenditure. I believe they currently have 50% but are committed if not already to taking on 75%. This agreement was finalised on 29/7/2004.

I am just researching this company at this stage so am learning more about their operations but they seem to have their finger in many pies.

Regards