perspective, page-41

Nominal; concure on comment about sellers panicking & chasing down on sell que- On a more positive aspect & recent upcoming developements - Spoke with Kate Hobbs on Monday 19-2-07 RE:Current developements & general progress - & when asked about progress on Discovery/Integra J.V. (while not devulging any specific details) did say she was leaving mid next week for Kazakstan & Uzbekistan. Discovery/Intera have a J.V. called URASIA MINING on a 50/50 basis. This structured J.V. participation provides positive incentive for Integra to pro actively procure projects for MUTUAL benefit of both parties-a fundamentally distinctive advantage from the Rozna-Czech (show&tell) submission. I am not privy to any specific information as Kate was completely ethical & mindful (if she knew) not to devulge any such details. The structured J.V. provides the necessary incentive/dynamics & pathway for more likely positive outcomes & devlopments.There may be futher news/devlopments from her O/S visit on the Ukrainian J.V. situation.