Hi Doogsie,I am a little bit underwhelmed by the report, but...

Hi Doogsie,

I am a little bit underwhelmed by the report, but that is mainly still has all the dross from the asset sales included.

With respect to PH, I think that is showing very strongly, but would have liked to have seen and see in the future, monthly production figures. A profit of $19.4 million equztes to a full year profit of a little over $100 million in the year. A bit low, but I bet the June production/profit figure is much higher than May's because of the ramp up but I just cannot tell from the report.

A bit concerned about the size of the Net Foreign exchange losses for PH.

Some good strategy statements.

Confirms my view that this is a very safe stock to be in now, provided they stick to their stated strategy and don't let the money burna hole in their pocket.

I want them to be conservative and then have a great next quarterly report which is when I thnk the market will start to sit up.

My thoughts only at this point.