Tribute only had enough money to do one hole at this time.

Instead of raising money at 11 cents to do a more extensive drill program they decided to shoot the puck and see if they could get better results from one hole and then raise money at a higher sp.

It didn't work so I suspect they wish thay had done it the other way.

In the exploration game it is always risky to do a short drill program when what is really necessary is a more extensive one.

Prior to this they did 15 holes and had some encouraging results..thats why they did it this way.

Tribute is not done exploring at the Sunday anomaly. However they will now have to take a step back and determine the best course of action going forward.

They have several options.

They can raise money at these levels and continue to drill.

The more likely scenario is that they will try to raise money by developing/selling some of their properties at Red /Confederation Lake.

In any event I will not be selling any Tribute shares and will likely buy more once I understand the direction they will be taking. IMHO the assets they have justify a higher sp if you have the patience to wait 6 months.

SN