quarterly released, page-6

Profits are fairly meaningless for shareholders in the first few years of production as they will be turned back into improving the business.

As indicated there is a lot of work yet to be done but as promised it is all coming together and we have suddenly changed from spec to producer.

The sentiment is what counts and the confirmation in the report will ramp that up substantially from tomorrow morning and going forward. The more conservative and well heeled type of investor will be looking at it all now.

The tenement is large and I would suggest (from the continued tone of all the reports) that the hills at Texas have a lot more in store for us yet.