Some people have been privately asking for my outlook, so here goes.

As enthused as I was a few weeks ago, due mainly to the exciting chart that had developed, I now think it's going to be another 6 months of misery. Teck won't do anything rash before getting the results of this years exploration and applying it to the optimization, and VD won't have its PEA much before the end of the year.

Carmac, much as I like the long term prospects, will only cost us money as they raise capital for this years exploration and, like our other interests, probably won't bear any good news until the end of the year.

So, I'm just going to sit on what I have, try to ignore all the daily noise, have a good summer and see what the year end brings.

I hope I'm wrong but that's the way it looks to me now..best to all.....chunky