preopen, page-5

re: 2000m strike length! Hi CM,

You're right about the initial low grades (only 10m @ 1.3g/t) but in a strike of such significant length there is enormous "potential for a series of narrow high grade lodes."

TAA just might have stumbled upon an elephant here but you can bet it's going to cost a lot to find out just how rich it is and cash is what they don't have - unless the money from that tantalum contract has begun to flow. I too was hoping for confirmation of same.

I wonder whether one of the big boys might come sniffing around as TAA could be an attractive takeover or JV option. The SP has sunk to old support levels and was twice this level just 5 months ago before Norseman and this latest strike. Interesting times....

What do you reckon?

I hold.

R/Gupper