Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: dont read too much into it

OSC is forcing him. The man's mind is too rigourous to retire. How many retirees have you met, say in the medical profession who "retire" from their practice only to remain active by being an expert witnesses and continuing to attend credential classes. In mining, being on a Board without a company is this equivilent.

Mac wouldn't step down from directorships unless someone was making him. I'm sure what ever is happening will be resolved by the companies like FNC and will petition to have him back on our board as a director. However, I'd still like to know if his options were removed.

Since we are paying our directors through dillution, I'd like Mac to help Peter with the NR and getting Magpie sold, without waiting 6 to 8 months to get it done.

MR. SMITH NO MORE STALLING. INCREASE OUR PORTFOLIO. THAT IS YOUR JOB AS CEO. I get that exploring and aquiring lands for cheap is fun and all, but focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, focus, on completing one thing thoroughly and speedily.

To borrow a film expression: Mining is Now! as Markets are Volatile. What may be a hot market now can go down hill half a year from now. Strike while the iron is hot. The early bird gets the worm. I know, I know, the second mouse gets the cheese. Well, this is our second bout of patience as he's had Magpie long enough already and it's our second drill program from McFaulds.

-sg

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