No..nothing new..

However soon the kids are back in school, most people's holidays are done and we will start to see more volume...

I expect a news release by sept 15.

The fact is they sent core to be assayed which says they saw something worth assaying.

Now the question is...what are the grades?

I expect they will get Crone to do borehole analysis in hole #16 and they will be drilling again very soon.

One thing I have learned about the market is that results have to be above expectations before the market will buy more. The old adage that prices rise on speculation but fall on news is often true. A better way to put it is that the sellers take over if the news is not spectacular or at least above expectations.

What am I trying to say about tribute?

First I am very bullish on tribute because I think their previous geophysics and drilling has made a statement about what is possible on their claims in the vicinity of Webequie.

I think the odds are good that they will find mineralization that is economic in this area sooner or later.

However I do not have a lot of faith in investors. It is possible that Tribute could report assay results that make management very happy and yet the sp could fall because the results do not beat expectations.

Why would management be happy and investors unhappy? Because management, in particular the geologists, are simply looking for clues as to where to drill next in order to hit "the motherload". They will see the clues as positive in spite of what investors see in the results.

Investors for the most part do not think like geologists. They simply want to see results and fast. There is no tomorrow for investors. They want immediate gratification.

Let's hope I am wrong and the assays are spectacular and everyone will be happy.

SN