norman mccleary new substantial holder, page-4

This company is unusual in that it has a large amount of cash in the bank. It is trading below cash backing and has a very lean management. No BMW life stylers here. I am comfortable with the current management and know they will make this company an outstanding investment. I know they are very active in the background and have evaluated many projects. Their current ground holdings in the NT are attractive and they are activley being pursued by others who believe this also. After the Pamela/Angela swindle I have turned my focus away from the NT and are pursuing far larger and bigger fish in stable foriegn climes and hope to be able to introduce AXY to something others can only dream of in the near future. Why look for million lbs deposits when there are Billion lbs deposits in them thar hills. As usual my money is where my mouth is. Norm